media
No media yet.
details
| That would make it the largest on record, beating out Alibaba’s $25 billion IPO in 2014. Saudi Aramco is expected to sell 3 billion shares, or a 1.5% stake in the company, at 32 Saudi riyals ($8.53) each, The Journal reported. The state-owned oil company is expected to raise $25.6 billion from the IPO, The Journal reported. The company is expected to sell 3 billion shares for a 1.5% stake at 32 Saudi riyals ($8.53) each, The Journal reported. In November, Saudi Aramco scrapped roadshows in London, as well as in Asia and the Americas. |
Commenting is limited to those invited by others in the community
Login to continue or learn more.
No comments yet.