White & Case set for key role as $2.5trn Saudi Aramco prepares to float

US firm understood to be advising on informal plans ahead of what could be the biggest IPO in history as Saudi Arabia shakes up its energy strategy

White & Case is in line for a key advisory role as oil giant Saudi Aramco plans a flotation that could value the company at up to $2.5trn (£1.7trn). 

Legal Week understands that the US firm is already advising the company informally as it assesses IPO options that could see it sell 5% of its equity for between $100bn and $150bn (£69bn-£104bn).

This premium content is reserved for
Legal Week Subscribers.

Subscribe today to get ALL ACCESS and 15% off!

A premium subscription gives you access to all articles and provides:

  • Trusted insight, news and analysis from the UK and across the globe
  • Connections to senior business lawyers within the leading law firms and legal departments
  • Unique access to ALM’s unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week’s UK Top 50 and Global 100 rankings
  • The Legal Week Daily News Alert, Editor’s Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
  • Optimized access on all of your devices: desktop, tablet and mobile
  • Complete access to the site’s full archive of more than 56,000 articles

Subscribe Now For All Access

For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651