EFTA02651686.pdf

From: jeffrey E. <[email protected]> Sent: Monday, April 24, 2017 9:12 PM To: Raafat Alsabbagh; aziza alahmadi like i said From: WSJ.com Editors [mailto:wsj.com <mailto:[email protected]> I Sent: Monday, April 24, 2017 3:17 PM To: Pritzker, Tom <[email protected] <mailto:[email protected]» Subject: WSJ NEWS ALERT: For Aramco Insiders, Prince's $2 Trillion IPO =aluation Doesn't Add Up The Wall Street Journal<http://online.wsj.com> News Alert For Aramco Insiders, Prince's $2 Trillion IPO Valuation Doesn't Add=Up<http://www.wsj.com/articles/for-aram=o- insiders-princes-2-trillion-ipo-valuation-doesnt-add-up-1=93064170?mod=djemalertNEWS <http://www.wsj.com/articles/for-aramco-insiders-princes-2=trillion-ipo-valuation-doesnt-add-up- 1493064170?mod=djemalertNEWS» Officials at Saudi Arabian Oil Co. have told their superiors there is a hitch in the plans to take the state-owned oil company public: It is likely worth at least $500 billion less than the government previously suggested. The country's deputy crown prince, who is leading a push to overhaul th= economy, has pegged the value of the company known as Saudi Aramco at $2 trillion. But officials working on the deal have struggled to come up with a scenario under which Saudi Aramco is worth more than $1.5 trillion, according to people familiar with the matter, even after factoring in a recent tax cut and other tools the government has to make it more attractive to investors. See More Coverage »<http://www.wsj.com/a=ticles/for-aramco-insiders-princes-2-trillion-ipo-valuation-does=t-add-up- 1493064170?mod=djemalertNEWS <http://www.wsj.com/articles/for-aram=o-insiders-princes-2-trillion-ipo-valuation- doesnt-add-up-1493064170?mod=3DdjemalertNEWS» =AO please note The information conta=ned in this communication is confidential, may be attorney-client privi=eged, may constitute inside information, and is intended only for th= use of the addressee. It is the property of JEE Unauthorized use, d=sclosure or copying of this communication or any part thereof is strict=y prohibited and may be unlawful. If you have received this communic=tion in error, please notify us immediately by return e-mail or by e-ma=l to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof,<=r>including all attachments. copyright -all rights reserved --001a1140adcc83adce054df00fbb-- conversation-id 46599 date-last-viewed 0 date-received 1493068331 flags 8590195713 gmail-label-ids 7 6 remote-id 707979 EFTA_R1_01894038 EFTA02651686