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Saudi Aramco Raises IPO To Record $29.4 Billion

2020-01-13 14:15:45| OGI

Saudi Aramco initially raised $25.6 billion, which was itself a record level, in its December IPO by selling 3 billion shares at 32 riyals (US$8.53) a share.

Tags: record billion saudi ipo

 

Sempra, Aramco Agree To Interim Deal For Port Arthur LNG

2020-01-07 17:35:19| OGI

Agreement supports Aramcos long-term natural gas strategy.

Tags: port agree deal arthur

 
 

Saudi Aramco Hits Crown Prince's $2 Trillion Valuation Goal

2019-12-12 20:05:00| OGI

Aramco's IPO is the centerpiece of the Saudi crown prince's vision for diversifying the kingdom away from its oil dependence by using the $25.6 billion raised to develop other industries.

Tags: hits goal crown saudi

 

Aramco shares jump in world's biggest ever market debut

2019-12-11 09:04:25| BBC News | Business | UK Edition

The Saudi oil giant's share listing comes after months of uncertainty over the initial public offering.

Tags: market jump biggest shares

 

Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion

2019-12-09 15:50:00| OGI

The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.

Tags: rise billion saudi proceeds

 

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