Saudi Arabia Said Poised to Add Boutique for Aramco IPO

Updated on
  • Aramco meeting with Moelis, Rothschild, Lazard for IPO role
  • JPMorgan, banker Michael Klein already advising oil giant

Saudi Arabia Poised to Choose Aramco IPO Advisor

Saudi Arabian Oil Co. is poised to choose an adviser from a list of boutiques for what could be the biggest initial public offering ever, a major coup for one of the smaller banks in an otherwise sluggish year for listings.

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