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Who Will Buy The 1% Stake In Aramco? ...Middle East
In an interview on Saudi national TV, Saudi Crown Prince Mohammed bin Salman hinted at a possible sale of a 1% stake in Saudi Aramco. MBS claimed that “there are talks now for the acquisition of a 1% stake by a leading global energy company in an important deal that would boost Aramco’s sales in a major country.” Based on the current value of Aramco, the potential sale would bring in roughly $19 billion for the Kingdom. MBS did not go into further detail on the deal but he did indicate that more of Aramco may be sold in the future.…
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