Event Details

January 01, 1988

Description

Purchase of stakes in US refineries.

Participants (1)

Name Type Mentions
Saudi Arabia location 757 View Entity

Source Documents (1)

HOUSE_OVERSIGHT_016120.jpg

Financial Research Report / Investment Bank Analysis (Merrill Lynch GEMs Paper) • 2.23 MB
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This document is a Merrill Lynch research paper ('GEMs Paper #26') dated June 30, 2016, analyzing the potential privatization and IPO of Saudi Aramco as proposed by Deputy Crown Prince Mohammed bin Salman. It details the strategic economic shift for Saudi Arabia, citing a potential $2 trillion valuation, plans to sell less than 5% of the company, and the geopolitical implications of Saudi oil exports to the US and Asia. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating its inclusion in a congressional investigation.

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Event Metadata

Type
Unknown
Location
USA
Significance Score
5/10
Participants
1
Source Documents
1
Extracted
2025-11-20 23:54

Additional Data

Source
HOUSE_OVERSIGHT_016120.jpg
Date String
1988

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