Up to 16 major banks provided offers for a loan to Saudi Arabia with which it would support its sovereign wealth fund, the Financial Times reported on Thursday without revealing sources. The lenders are set to be selected today and the original idea for an $8 billion package was lifted to $12 billion,...
The stock market listing of possibly the world's largest company was scrapped, according to sources close to the matter. On Wednesday, Reuters reported it learned from insiders that Saudi Arabian Oil Co. won't conduct an initial public offering, for which it has been prepared for a few years by...
Yellow Cake Plc raised £150 million ($196 million) from investors for its purchases of uranium from JSC National Atomic Company Kazatomprom from Kazahkstan and said on Thursday that shares should start trading on the London Stock Exchange's AIM market on July 5. The initial public offering...
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