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Anonymous ID: 6fbbc7 May 28, 2020, 8:56 a.m. No.9345349   🗄️.is 🔗kun   >>5605 >>5835

Morgan Stanley not given advisory role on Aramco pipeline sale

 

Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over $10 billion, two sources told Reuters.

 

The U.S. investment bank, which has previously advised the world's largest oil company, was originally looking to be part of the advisory group on any deal, the sources added.

 

However, Aramco has mandated JP Morgan and Japan's MUFG to advise it on the deal, which is still in its early stages but would provide the company with cash at a time of low oil prices caused by the coronavirus crisis, the sources said.

 

Morgan Stanley, JP Morgan and MUFG all declined to comment, while Aramco did not immediately respond to a request for comment on plans for the pipeline business. Although Morgan Stanley was one of Aramco's top advisers on its initial public offering last year, three local banks - NCB, Samba and HSBC Saudi Arabia - ended up controlling most of the process when the listing was scaled down.

 

U.S. investment banks have recently been shrinking lending outside their home market during the coronavirus crisis, sources told Reuters last month.

 

Aramco's pipeline sale would be similar to the path taken by Abu Dhabi's national oil company ADNOC last year, when it raised $4 billion by selling a 40% stake in its pipelines division to U.S. investment firms KKR and BlackRock, the sources said.

 

While ADNOC is in the process of replicating its deal by selling its natural gas pipeline assets, sources have told Reuters, in Aramco's case the process is proving more difficult and moving more slowly, the sources added.

 

Saudi Arabia is seen by international investors as riskier, one of the sources said, citing an attack on Saudi oil plants last year, the 2018 murder of journalist Jamal Khashoggi at the Saudi consulate in Istanbul and the war in Yemen.

https://www.nasdaq.com/articles/morgan-stanley-not-given-advisory-role-on-aramco-pipeline-sale-sources-2020-05-28

Anonymous ID: 6fbbc7 May 28, 2020, 9:14 a.m. No.9345571   🗄️.is 🔗kun   >>5835

>>9345500

You are correct. If it was moved it was not switched on

also correct on 90017 and that did not go into florida.

It dropped after making that hard left just prior to the drop that came in left and then resumed trace in Cap #3

an AZAZ09O9 and SAM745 also present

Anonymous ID: 6fbbc7 May 28, 2020, 9:30 a.m. No.9345814   🗄️.is 🔗kun

>>9345703

 

Japan firm says its deep UV light deactivates coronavirus 99.9%

 

The University of Miyazaki and a Japanese firm said Wednesday their joint experiment has shown that a deep ultraviolet LED developed by the firm is effective in weakening the novel coronavirus, reducing its infection capacity by more than 99.9 percent.

 

"Deep UV-LEDs," developed by Nikkiso Co., have few harmful effects on the human body or the environment, according to the company. Deep ultraviolet has also proven effective against allergens, and the Tokyo-based firm has used it in its Aeropure air purifier.

 

The experiment involved shining the light-emitting diodes for 30 seconds on a liquid culture of the virus. After leaving it for three days, the team found that the virus' infection capacity dropped by more than 99.9 percent, the university said, adding that the LEDs would be helpful in preventing mass infections at hospitals.

 

"Along with washing hands and wearing protective clothing, we must combine various items to restore normal life. I hope this helps it," said Hiroko Inagaki, an assistant professor at the university's Faculty of Medicine.

 

Amid reports on the experiment, shares of Nikkiso surged nearly 14 percent Wednesday in Tokyo.

https://mainichi.jp/english/articles/20200528/p2g/00m/0in/016000c

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