NEW ISSUES
05 Jan
saudi-aramco-envisage-un-placement-prive-plutot-qu-une-ipo-selon-le-financial-times
Saudi Aramco IPO looks more likely as change in legal status paves the way for flotation

Saudi Aramco, the Dhahran-based petroleum and natural gas company which had recently been forced to deny plans that it was abandoning its $2tn flotation of 5% of the company, received a shot in the arm on Friday after a royal decree converted the firm into a joint stock company, allowing it to expand its shareholder base beyond the Saudi Arabian government.