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Saudi Aramco’s IPO raised a record $25.6 billion — but an unusually low 1.5% of the company’s shares will actually trade
Most large-cap companies offer far more of their stock in IPOs. Apple, Amazon, and Alphabet all have more than 84% of their shares listed publicly.
The Saudi Arabian government invested more than $2 billion in Aramco’s record-shattering IPO — even though the nation swore to become more...
The government offered two-thirds of IPO shares to institutional investors, and government institutions bought up 13.2% of the stake.
Many big fund managers are shunning Aramco’s $1.7 trillion IPO, citing political turmoil and environmental worries
Reuters surveyed funds with a collective $7 trillion under management, finding many want to stay away from the world's most profitable company.
Saudi Aramco’s IPO will reportedly value the oil giant at $1.7 trillion, making it the biggest in history
The company is expected to raise $25.6 billion from the IPO, The Wall Street Journal reported Thursday, citing sources familiar with the matter.
Wall Street banks will reportedly miss out on a massive payday after Saudi Aramco decides to keep its record-shattering IPO local
Banks like Goldman Sachs and Morgan Stanley will reap less in fees now that the IPO is being kept within the kingdom, Bloomberg reported.
The state-owned oil titan is targeting a $1.7 trillion valuation, making it the biggest IPO in history.
State-owned oil giant Saudi Aramco is worth up to $1.7 trillion in a new IPO range, setting the stage for the world’s largest public listing
The statement published on Sunday to Aramco's website marks a milestone in the company's closely watched path to the public market.
“They need the money, they need that outside investment that is crucial to delivering ‘Vision 2030,'" David Petraeus told CNBC.
Saudi Aramco’s record-shattering IPO is on the horizon. Here are 6 of the biggest risks the company sees moving forward.
Aramco's prospectus will be used to market shares before individual investors begin bidding on the stock on November 17.
Saudi Arabia is reportedly trying to get the Kingdom’s billionaires to buy stock in Aramco’s mega-IPO
One family is reportedly interested in buying several hundred million dollars worth of shares in the oil giant when it goes public.