Showing posts with label Aramco has become the world's biggest IPO. Show all posts
Showing posts with label Aramco has become the world's biggest IPO. Show all posts

Saturday, December 21, 2019

Aramco has become the world's biggest IPO,


 topping the $25 billion 2014 listing of China's Alibaba, despite limited interest from foreign investors leading it to cancel roadshows in New York and London.

It opted instead to sell just a 1.5% stake in Riyadh and rely mainly on domestic and regional buyers.

Some analysts said there could be a lag before the Aramco price settles and some investors take profits from the IPO.

"After Aramco hits $2 trillion, investors will ..

Read more at:
//economictimes.indiatimes.com/articleshow/72487148.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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