Today’s Top Stories On Stock.Report For Your Morning:
Saudi Aramco’s, valued at roughly $2 trillion, initial public offering will take place next year according to Saudi Arabia’s Crown Prince Mohammad bin Salman in an interview. This IPO could be the largest in history and is expected to raise $100 billion…Read Full Article Now
Pfizer is planning an auction process for its consumer healthcare business this November. With Pfizer reporting sales amounts over $3.4 billion in 2016, this has the potential to be a $15 billion-plus sale.
Many companies are showing interest increased interest in the division of the company. Preliminary discussions with interested parties including Reckitt Benckiser and GSK Chief Executive Emma Walmsley confirmed that she would look “carefully” at the business. Other possible bidders may include Procter & Gamble, Sanofi, Johnson & Johnson and Nestle… Read Full Story For More
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