State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at...
- State-run oil giant Saudi Aramco has priced its initial public offering at the top of its indicative range, making it the world’s biggest flotation by raising more than Alibaba’s $25 billion listing in 2014.
Nov 15, 2019 - MSCI, the world’s biggest index provider, follows in the footsteps of S&P Dow Jones and FTSE Russell, telling clients that they could fast-track Saudi Aramco’s inclusion into their indexes as soon as December. Oct 18, 2019 - Saudi Aramco delays the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world’s largest oil firm.
Sept 25, 2019 - Saudi Arabia restores its oil production capacity to 11.3 million barrels per day, three sources briefed on Saudi Aramco’s operations tell Reuters, maintaining a faster than expected recovery after the Sept. 14 attacks.
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