Deals
China Considers Up to $10 Billion Stake in Saudi State Oil Giant’s IPO
- Silk Road Fund is among state entities in talks to buy shares
- Chinese investors could help shore up record share sale
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Chinese state-owned entities are in talks about investing a combined $5 billion to $10 billion in Aramco’s initial public offering, as Saudi Arabia seeks commitments from friendly governments to shore up the record share sale, people with knowledge of the matter said.