Saudi Aramco said to select FTI as global media advisor for IPO
Saudi Aramco has reportedly chosen U.S.-based FTI Consulting as global media adviser for its IPO. FTI "will support Aramco's communications team ahead of the sale to handle the storm of the IPO", said one of the sources. "Aramco has avoided frequent contact with the international media and has preferred in the past to let the Ministry of Petroleum handle such relationships," said Sadad al-Husseini, former senior executive at Saudi Aramco, who is currently an energy consultant.
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