Saudi Arabia’s State-Owned Oil Giant Just Raised $25.6 Billion in the World’s Biggest-Ever IPO

Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly......»»

State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation, above Alibaba's $25 billion listing in 2014......»»

Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly......»»

State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation by raising more than Alibaba's $25 billion listing in 2014......»»

State-owned oil giant Saudi Aramco's IPO will be the biggest in history but concerns about corporate governance and nation's role in Middle East politics may have limited international interest. Conway G. Gittens has the details......»»

State-run oil giant Saudi Aramco has priced its initial public offering (IPO) 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......»»

DUBAI/RIYADH Reuters) - State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will still fall significantly short of the towering $2 trillion valuation long sought by Crown Prince M.....»»

Saudi Arabia put a preliminary valuation on its state-owned oil giant Aramco of between $1.6 trillion and $1.71 trillion, missing Crown Prince Mohammed bin Salman’s initial $2 trillion target......»»

Saudi Aramco, the world's biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the state-owned company showed on Monday ahead of its debut international bond issue......»»

Saudi Aramco, the world's biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the state-owned company showed on Monday ahead of its debut international bond issue......»»

Saudi Arabia's state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets......»»

Good day, Amid skepticism on the market value of Saudi Arabia's state-owned oil company Aramco,.....»»

The state-controlled Saudi Arabian Oil Co., commonly known as Aramco, is set to sell 3 billion shares or 1.5% stake of the company at 32 Saudi riyals ($8.53), or at the top of the targeted range of 30 to 32 riyals for a total of $25.6 billion......»»

Saudi Arabia's wealthy Gulf neighbors plan to invest in the initial public offering (IPO) of Saudi Aramco, sources familiar with the matter said, helping out Riyadh as it strives to raise $25.6 billion from a domestic listing of the state oil giant......»»

REUTERS/Hamad I Mohammed/File Photo State-owned oil giant Saudi Aramco on Sunday released a range for its initial public offering that places.....»»

From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online and to local banks on Sunday at the start of a long-delayed share sale for what could be the world's biggest initial public offering......»»

Saudi Arabia put a preliminary valuation on its state-owned oil giant Aramco of between $1.6 trillion and $1.71 trillion, short of the $2 trillion target set by Crown Prince Mohammed bin Salman in 2016......»»

Reuters Travis Kalanick, Uber's ousted founder, w.....»»

China's state-owned entities are in talks about investing $5 billion to $10 billion in Saudi oil giant Aramco's planned initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter......»»

Oil prices jumped more than 2% on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants......»»