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These Are the Saudi Aramco IPO Underwriters

Wednesday, February 22, 2017 13:11
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(Before It's News)

The Saudi Aramco IPO moved another step closer as Aramco announced JPMorgan, Morgan Stanley, and HSBC will be the lead underwriters for the oil giant’s public offering.

The fees alone for participating banks could total more than $1 billion.

That’s because the Aramco valuation is over $2 trillion, which will make it the biggest IPO of all time…

Tags: saudi aramco ipo

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The post These Are the Saudi Aramco IPO Underwriters appeared first on Money Morning – We Make Investing Profitable.

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