Why Saudi Aramco’s record flotation was never going to flop
- Date: 11-Dec-2019
- Source: SkyNews
- Sector:Financial Markets
- Country:Saudi Arabia
Why Saudi Aramco’s record flotation was never going to flop
Saudi Arabia's Crown Prince Mohammed bin Salman was said to be disappointed that Saudi Aramco, the kingdom's state oil and gas company, was not valued at $2trn (£1.52trn) in its initial public offering (IPO).