Aramco’s Luberef is offering 30% of its shares in the second half of this year
Sources told Bloomberg that Citigroup, SNB Capital and the Saudi arm of HSBC are among the banks that will lead the IPO. Saudi Aramco Lubricating Oil Refining Company (Luberef) Expected in the second half of this year. Jadwa Investment is expected to sell a 30% stake in Luberef in the offering, which could raise $1 … Read more