Listing is taking place six years after its IPO.
Saudi Aramco has formally appointed JPMorgan Chase & Co, Morgan Stanley and HSBC as international financial advisers for its initial public offering, sources familiar with the matter told Reuters. The trio join Moelis & Co and Evercore, which have been appointed independent financial advisers, one source said of what is… Read more »
Ahmedabad-based retail lender Mas Financial Services Ltd on Monday filed draft papers to raise Rs550 crore in an initial public offering (IPO). The firm will sell new shares of Rs307 crore while existing investors will sell shares worth Rs242 crore in the initial public offer (IPO), the company’s draft red… Read more »
China Petroleum & Chemical Corp. said it was invited to invest in Saudi Arabian Oil Co. as part of what could be the world’s biggest-ever initial public offering. Talks are ongoing between the companies known as Sinopec and Saudi Aramco, Wang Yupu, chairman of the Chinese refiner, said on Monday…. Read more »
Cochin Shipyard Ltd plans to raise nearly $220 million from IPO, while CCI has approved the proposed sale of Reliance Infratel to Canada-based Brookfield Infrastructure Group. Japan’s NTT Communications Corporation has got approval to increase its stake in data centre company Netmagic Solutions to 100 per cent. Cochin Shipyard to launch… Read more »