Reuters exclusively reports Chinese investors eye Aramco stake | Reuters News Agency
Environment

Reuters exclusively reports Chinese investors eye Aramco stake

Reuters reported exclusively that major Chinese investors are in talks to buy a stake in Saudi Aramco, as Saudi Arabia’s state oil firm prepares to sell another slice of its business to international investors. Sovereign wealth fund China Investment Corporation (CIC) was among those that could invest, sources told Reuters. Saudi Arabia was in discussions to sell 1% of Aramco to a leading global energy company and could sell further shares including to international investors within the next year or two, Crown Prince Mohammed bin Salman earlier said. 

Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: The logo of Aramco is seen as security personnel walk before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. REUTERS/Hamad I Mohammed/File Photo
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