{"id":412807,"date":"2021-04-30T08:38:34","date_gmt":"2021-04-30T03:08:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412807"},"modified":"2021-04-30T09:15:32","modified_gmt":"2021-04-30T03:45:32","slug":"major-chinese-investors-in-talks-to-buy-stake-in-saudis-oil-firm-aramco","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/major-chinese-investors-in-talks-to-buy-stake-in-saudis-oil-firm-aramco\/","title":{"rendered":"Major Chinese investors in talks to buy stake in Saudi&#8217;s oil firm Aramco"},"content":{"rendered":"<p>HONG KONG (Reuters) &#8211; Major Chinese investors are in talks to buy a stake in Saudi Aramco, several sources told Reuters on Wednesday, as Saudi Arabia&#8217;s state oil firm prepares to sell another slice of its business to international investors. <\/p>\n<p>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 said in televised remarks on Tuesday.<\/p>\n<p>A stake of 1% would equate to around $19 billion based on Aramco&#8217;s current market capitalisation.<\/p>\n<p>Sovereign wealth fund China Investment Corporation (CIC) was among those that could invest, two sources told Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG (Reuters) &#8211; Major Chinese investors are in talks to buy a stake in Saudi Aramco, several sources told Reuters on Wednesday, as Saudi Arabia&#8217;s state oil firm prepares to sell another slice of its business to international investors. 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 said in televised remarks on Tuesday. A stake of 1% would equate to around $19 billion based on Aramco&#8217;s current market capitalisation. Sovereign wealth [&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-412807","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\/412807","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=412807"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412807\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}