#Luberef

Saudi Aramco refiner drops in debut after $1.3bn IPO

Saudi Aramco refiner drops in debut after $1.3bn IPO

Luberef, as the refiner is known, dropped as much as 6.6 per cent in Riyadh to SAR92.5  ($24.61), valuing the company at SAR15.9bn

Americana, Luberef IPO managers set to share $74m in fees

Americana and Luberef IPOs take the proceeds of Gulf listings this year to over $20bn

Saudi Aramco

Aramco unit hires HSBC, Citigroup for Riyadh share sale

The company is planning to sell 50 million shares, or a nearly 30 per cent stake

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Saudi Aramco’s Luberef Refinery unit plans $1bn IPO

Luberef would be joining several Aramco subsidiaries already listed on the Saudi stock exchange