Exclusive: Saudi Aramco lures sovereign funds to hit $2 trillion IPO valuation - sources
September 26, 2019 at 07:41 AM EDT
State-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), Singapore's GIC and other sovereign wealth funds to invest in the domestic leg of the oil giant's listing at it seeks to achieve a $2 trillion valuation, sources said.
