Deals
Saudi Aramco Weighs Offering Citizens Discounted Shares
- Kingdom traditionally used share sales to redistribute wealth
- Aramco said to consider share listing in Riyadh, U.S., U.K.
QuickTake: Aramco’s Profits Shrouded in Secrecy
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Saudi Arabian Oil Co., gearing up for what may be the world’s biggest initial public offering, is considering discounted shares for local investors, according to people with knowledge of the matter.
The oil company has discussed ways to structure the offering in different tiers, allowing Saudi buyers to receive the stock at a lower price than international investors, the people said, asking not to be identified as the talks are private.