Wilton Astudillo posted an update in the group Business 4 years, 3 months ago
Saudi Arabia State-Owned Oil Giant Saudi Aramco Sold The Biggest Shares To Date In The World, Raising A Record $25.6bn (£19.4bn) In Its Initial Public Offering (IPO) In Riyadh. This Surpasses That Of China’s Alibaba, Which Raised $25bn In 2014 In New York. Saudi Aramco IPO Will Value The Company At $1.7tn When Trading Begins.
The oil giant’s listing is the biggest to date, surpassing that of China’s Alibaba in 2014.