{"id":286596,"date":"2019-08-08T05:07:59","date_gmt":"2019-08-08T05:07:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286596"},"modified":"2019-08-08T05:07:59","modified_gmt":"2019-08-08T05:07:59","slug":"saudi-oil-firm-aramcos-valuation-gap-persists-even-as-ipo-talks-resume","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-oil-firm-aramcos-valuation-gap-persists-even-as-ipo-talks-resume\/","title":{"rendered":"Saudi oil firm Aramco&#8217;s valuation gap persists even as IPO talks resume"},"content":{"rendered":"<p>Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking sources said.<\/p>\n<p>With Aramco talking again to banks about an initial public offering (IPO), its board is meeting later this week and will probably hold a discussion about the company&#8217;s value, a source close to the company said. <\/p>\n<p>Saudi Aramco declined to comment. CIC, the Saudi government media office, did not respond to a Reuters request for comment. <\/p>\n<p>Prince Mohammed put a $2 trillion valuation on the state company in early 2016 when he first proposed a share sale to diversify Saudi Arabia&#8217;s economy beyond oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking sources said. With Aramco talking again to banks about an initial public offering (IPO), its board is meeting later this week and will probably hold a discussion about the company&#8217;s value, a source close to the company said. Saudi Aramco declined to comment. CIC, the Saudi government media office, did not respond to a Reuters request for comment. Prince Mohammed put a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-286596","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286596"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286596\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}