Saudi Aramco Excludes UBS, Bank of America From IPO Advice Roles -Reuters
--Saudi Aramco hasn't invited UBS or Bank of America Merrill Lynch to vie for advisory roles as it prepares to list publicly because they haven't lent money to it in recent years, Reuters reports, citing unnamed sources.
--Barclays was also excluded, Reuters said, citing separate unnamed sources.
--The three banks may still be awarded lesser advisory roles in the IPO, according to Reuters.
Full story: http://reut.rs/2ELinlf
Write to Barcelona editors at email@example.com
(END) Dow Jones Newswires
January 16, 2018 06:00 ET (11:00 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.