Wednesday, February 22, 2017

Saudi Aramco taps JPMorgan, Morgan Stanley for IPO, HSBC a contender: source

(Reuters) - Oil giant Saudi Aramco [IPO-ARMO.SE] has asked JPMorgan Chase & Co and Morgan Stanley to assist with its upcoming mammoth IPO and could call on another bank with access to Chinese investors, a source with direct knowledge of the matter said.

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