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CBN, AMCON completes the sale of Polaris Bank in a N50 billion deal
The completion of a share purchase agreement for the full acquisition of Polaris Bank by Strategic Capital Investment Limited has been officially announced by the Central Bank of Nigeria and ...
Saudi Aramco IPO is set to be the biggest public listing in the middle east
Saudi Aramco hopes to surpass Apple as the most valuable corporation in the world when it eventually lists a 5% stake in an IPO, which might happen later this year or in early 2023. With Sau...
Saudi Aramco To Sell 1% Stake To Foreign Company
Prince Mohammad Bin Salman of Saudi Arabia has disclosed that the country was holding talks to sell 1 percent of state oil firm Saudi Aramco to a global energy company. The Crown Prince said that...
Saudi Aramco No Longer Biggest Company In The World, As Profits Decline By 44%
Saudi Aramco, one of the largest companies in the world by revenue saw its profit decline by 44% to $49 billion in 2020.The coronavirus pandemic wrecked the oil company's income as the ensuing lockdow...
IPO NEWS: Saudi Aramco's Share Price Is At The Top Of The Range, Valuing It At $1.7 Trillion
Having delayed its Initial Public Offering which was initially reported to take place in 2018, Saudi Arabian Oil Co., Saudi Aramco has priced its IPO at 32 riyal ( whi...