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Update: Market Chatter: Saudi Aramco Likely to Raise Up to $35 Billion from Asset Deals

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(Updates to add Saudi Aramco's statement)

Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, could raise as much as $35 billion from asset deals following demand from funds, Bloomberg News reported Friday, citing people familiar with the matter.

The state-owned oil giant's assets are considered lucrative and could attract interest from Wall Street firms despite the Middle East conflict, the report said.

Aramco declined to comment when reached by.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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