Offshore

China, Saudis to Discuss CIC, CNPC Investment in Aramco IPO

China's sovereign wealth fund is allegedly in talks with Saudi Arabia in terms of a massive investment in the planned IPO Aramco.
Photo: SaudiAramco
Photo: SaudiAramco
BY BLOOMBERG NEWS

China is in talks with Saudi Arabia for its sovereign wealth fund and largest energy company to invest in the initial public offering of the Middle East nation's state oil producer, according to people with knowledge of the matter.

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