Saudi Aramco IPO Expected to Value Firm at $1.7 Trillion
- Date: 05-Dec-2019
- Source: Financial Times
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi Aramco IPO Expected to Value Firm at $1.7 Trillion
Saudi Aramco is expected to price its initial public offering at the high end of the targeted range to give the oil giant a total value of $1.7 trillion in what would be the world's biggest-ever IPO, according to people familiar with the matter.
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