HSBC Hired for PetroRabigh IPO

Saudi Aramco and Sumitomo Chemical say they have hired HSBC Holdings to advise on a previously announced initial public offering (IPO) of the companies’ PetroRabigh joint venture (CW, Nov. 14, p. 5). PetroRabigh will be floated on the Saudi stock exchange, and the IPO will take place between January 5 and 12, 2008, the companies...

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