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The offering, set to rank it as the world's most valuable company, will begin on Nov. 17, the prospectus said. Saudi Aramco prospectus flags risks, gives few details on IPO size Skip to main content
The offering, set to rank it as the world's most valuable company, will begin on Nov. 17, the prospectus said. UPDATE 3-Saudi Aramco prospectus flags risks, gives few details on IPO size Skip to ...
Saudi state oil giant Aramco unveiled the prospectus for its initial public offering (IPO) on Saturday, laying out the main material risks that may adversely affect the company's business or its ...
On 9 November 2019, Saudi Aramco released a 600-page prospectus giving details of the IPO. According to the specifications provided, up to 0.5% of the shares were locked for individual retail investors. [63] On 4 December 2019, Saudi Aramco priced its offering at 32 Saudi riyals (approximately US$8.53 at the time) per share. The company ...
The oil giant said it plans to sell 1.5% of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals, valuing the IPO at as much as 96 billion riyals ($25.6 ...
The initial public offering (IPO) of Aramco, the world’s largest oil company, is the pillar of Crown Prince Mohammed bin Salman's economic reform agenda that aims to raise billions of dollars to ...
Saudi Aramco was the talk of Wall Street after the Saudi oil giant completed the world's largest initial public offering on Dec. 11. Aramco stock hit the ground running on its first day of trading ...
At $25.6 billion, Saudi Aramco's initial public offering could be the largest global IPO ever.