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Saudi Aramco plans reorganisation to create gas division, sources say
Source: reuters.com
M&A & RestructuringIPOs & SPACsEnergy Markets & PricesCompany Fundamentals
Saudi Aramco plans to reorganize its operations by creating a standalone gas division, according to two Reuters sources. The restructuring could facilitate future listings of business units to raise capital, potentially unlocking value and broadening financing options for the state-controlled oil giant.
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