Saudi Aramco seeks up to $1.71 trillion in IPO valuation
- Date: 17-Nov-2019
- Source: Banker Middle East
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi Aramco seeks up to $1.71 trillion in IPO valuation
Proceeds will be transferred to the Public Investment Fund, the Kingdom sovereign fund, which has been making a number of bold investments such as $45 billion into SoftBank's Vision Fund, taking a $3.5 billion stake in Uber Technologies and planning a $500 billion NEOM city.