Logo of Saudi Aramco is seen at the 20th Middle East Oil and Gas Show and Conference in Manama, Bahrain, March 7, 2017. — Reuters pic
People whom Bloomberg described as familiar with the matter told the business news outlet that Goldman’s top echelon has spent months to win over senior officials in Riyadh in an attempt to gain a role in what would be the world’s largest ever IPO. Malaysia is also suing Goldman for US$7.5 billion in the US over the bonds and previously rejected its offer of RM1 billion for an out-of-court settlement.
The fallout has not ruled Goldman out in Saudi, however, with Bloomberg reporting that the bank has tapped former Donald Trump adviser Dina Powell to court Saudi Aramco.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman leaders court Saudis over Aramco IPO after 1MDB falloutDUBAI/ LONDON: Goldman Sachs Group Inc. is tapping its upper echelons to navigate a notoriously complicated region where it has stumbled of late: the Middle East.
Source: staronline - 🏆 4. / 75 Read more »
Kes 1MDB: Saksi beritahu misi rahsia ke China arahan Najib | The Malaysian InsightTugasan itu bagi menawarkan projek kepada syarikat China sebagai pertukaran membantu 1MDB menyelesaikan hutangnya.
Source: msianinsight - 🏆 8. / 63 Read more »
Of secret missions, backroom deals: Najib’s ex-aide laid it out in 1MDB trial | The Malaysian InsightOf secret missions, backroom deals: Najib’s ex-aide laid it out in 1MDB trial
Source: msianinsight - 🏆 8. / 63 Read more »
Goldman leaders court Saudis over Aramco IPO after 1MDB falloutDUBAI/ LONDON: Goldman Sachs Group Inc. is tapping its upper echelons to navigate a notoriously complicated region where it has stumbled of late: the Middle East.
Source: staronline - 🏆 4. / 75 Read more »
JPMorgan close to winning lead advisory role for Saudi Aramco IPOAramco has asked major banks to submit proposals for potential roles in its planned IPO, with the possibility of JPMorgan leading the way. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
Saifuddin in China until Friday for working visit | The Malaysian InsightThis shows Malaysia’s commitment to strengthen already strong ties with China, says Wisma Putra.
Source: msianinsight - 🏆 8. / 63 Read more »