Sunday 13 May 2018

Goldman Eyes Multibillion Dollar Deal to Fuel Saudi Expansion - Bloomberg

Goldman Eyes Multibillion Dollar Deal to Fuel Saudi Expansion - Bloomberg:

"Goldman Sachs Group Inc. has approached a Saudi state-owned entity about a multibillion-dollar deal, according to the bank’s chief executive officer for the Middle East and North Africa. “We’re very keen on deploying our principal capital in the region in both forms: credit and equity capital,” Wassim Younan said in an interview in Riyadh. “We continue to prospect for opportunities to do so, and we’ve put forward at least one meaningful, multibillion-dollar proposal to a state-owned enterprise.” Younan declined to name the enterprise or to be more specific about the type of deal. He said the bank is waiting for a response."



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