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Brookfield, KKR Said to Weigh Bids for Aramco Pipeline Stake

Apollo, China’s Silk Road Fund also study making offers
Aramco aims to receive non-binding offers in February

Photographer: Simon Dawson/Bloomberg

By

Archana Narayanan and

January 20, 2021, 2:40 PM UTCUpdated onJanuary 21, 2021, 10:51 AM UTC

Brookfield Asset Management Inc. and KKR & Co. are among top infrastructure investors weighing bids for a stake in Saudi Aramco’s oil pipelines, people familiar with the matter said.

Apollo Global Management Inc. and China’s state-backed Silk Road Fund Co. have also been studying whether to make offers, the people said, asking not to be identified as the matter is private. The stake sale could fetch Aramco around $10 billion, the people said.