The Royal Bank of Canada is the only Canadian bank underwriting the Saudi oil giant’s planned IPO, which was postponed again in mid-October, three days before its expected launch in Riyadh. Its inclusion in the list of banks involved confirms a Bloomberg report from September. (Globe and Mail, Bloomberg)
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.

News
How machine learning is transforming biotech research
Briefing
Crush of cargo containers sends West Coast ports to bottom of global rankings
China’s Tencent pulled out of financing ‘Top Gun: Maverick’ over pro-U.S. messaging
CPP Investments launches growth equity group
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.