Saudi Aramco prices shares at top of range in world’s biggest IPO – sources
- Date: 05-Dec-2019
- Source: The Arab Weekly
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi Aramco prices shares at top of range in world’s biggest IPO – sources
State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, three sources told Reuters, raising $25.6 billion and overtaking China's Alibaba to achieve the world's biggest stock market flotation.