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Saudi Aramco is working with Evercore on gas unit plans, Bloomberg News reports
Source: reuters.com
M&A & RestructuringIPOs & SPACsEnergy Markets & PricesCompany Fundamentals
Saudi Aramco has hired Evercore to advise on a restructuring that would establish a standalone gas division, according to Bloomberg. The separation could pave the way for a future listing of the gas unit, potentially unlocking value and expanding investor access to Aramco's natural-gas operations.
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