Saudi Aramco selected Morgan Stanley and J.P. Morgan Chase & Co. to advise on its IPO. The firms join Moelis & Co., a boutique investment bank from New York that was chosen in early February. Morgan Stanley and J.P. Morgan are expected to serve as global coordinators and bookrunners. Saudi Aramco is considering multiple listing locations such as London and Toronto, but New York is currently the favored destination. The IPO is expected to be worth around $100 billion.
Share:
Never Miss a Beat on The Council Updates
Stay ahead with The Council’s latest news, insights, and event alerts.
Get Unlimited Access to USSBC Reports
Discover timely, practical, and actionable information on business opportunities and emerging market trends.
© 2026 — U.S.-Saudi Arabian Business Council | Web Design by Advanced Technical Solutions