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A Saudi Aramco employee sits in the area of its stand at the Middle East Petrotech 2016, an exhibition and conference for the refining and petrochemical industries, in Manama, Bahrain, September 27, 2016.

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.
Amin H. Nasser, president and CEO of Aramco, and Yasser al-Rumayyan, Saudi Aramco's chairman, attend a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia this month.

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.

Aramco’s IPO is set to be Saudi only after it reportedly scrapped its London roadshow

The state-owned oil titan is targeting a $1.7 trillion valuation, making it the biggest IPO in history.
Amin H. Nasser, president and CEO of Aramco, and Yasser al-Rumayyan, Saudi Aramco's chairman, attend a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia this month.

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.
David Petraeus, current chair of the KKR institute.

Saudi Arabia is ‘running out of money’ and needs the Aramco IPO cash, ex-CIA director says

“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.