Saturday, May 8, 2021


Initial Public Offering

Saudi Aramco sets new record with $25.6 billion in world’s largest IPO

Saudi Arabian national petroleum and natural gas company, Saudi Aramco, has successfully completed its Initial Public Offering, IPO, setting a new record with $25.6 billion (£19.4bn) from investors, as against China-based online retailer Alibaba’s in, $25 billion in September 2014.

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