Banks scramble for a piece of Saudi Aramco IPO - FT.com:
"The world’s biggest investment banks are pulling out the stops to win part of the listing of Saudi Arabia’s national oil company, but industry insiders admit the financial rewards will be far lower than Saudi Aramco’s potential valuation suggests.
Analysts value the entire company as high as $10tn, so it is easy to see why the deal has whetted the appetite of investment banks who saw their industry’s fees fall 8 per cent last year despite the mergers and acquisitions boom."
'via Blog this'
No comments:
Post a Comment