Oil company targets international investors as government raises funds
Consortium of investors led by Washington-based group buys 49% stake in newly formed venture
Low oil prices and pandemic shock force Gulf states to inject fiscal stimuli. Plus: ‘significant opportunities’ for banks’ expensive advice; profits strained at Morocco’s lenders and why regulators must clarify their cross-border roles
Joe Biden warned about the US’s ability to handle Covid-19 without a smooth White House transition
Wall Street banks that advised on record IPO snub oil group with tepid ratings
Goldman exercises option to sell more stock, bringing total proceeds to $29bn
The year was dominated by central bankers, politicians and companies with grand ideas
The Saudi crown prince has cemented his own control, as well as liberalising the economy
International banks set to earn about $3.5m each for work on deal
Stock climbs by maximum amount after world’s biggest IPO
Boris Johnson makes a final plea to voters in the ‘most important election in a lifetime’
Welcome to Due Diligence, the FT’s daily deals briefing
State funds and families encouraged to buy shares in pursuit of Prince Mohammed target
Mike Mackenzie’s daily analysis of what’s moving global markets
State-owned oil company’s $1.7tn valuation falls short of kingdom’s ambitions
Foreign investor subscriptions less than 11% as data confirms scaled back ambitions
US ambassador to the EU turns against Donald Trump in an explosive impeachment testimony
JPMorgan and Morgan Stanley are ‘global co-ordinators’ in name only
The valuation of an energy company cannot be engineered like the production of oil
State-owned oil company will confine marketing of shares to the kingdom and Gulf states
Kingdom curtails roadshow to focus on domestic investors and sovereign funds
Long-sought $2tn price tag for largest IPO leaves some investors in doubt
The oil company is proving a tough sell, to the discomfort of bankers trying to please ruler
Bankers for Saudi Aramco’s IPO have dangled the possibility of bonus payouts to investors that could top $100bn
