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Saudi Aramco raises $25.6bn in world's biggest share sale

2019-12-06 00:14:21| BBC News | Business | UK Edition

The oil giant's listing is the biggest ever, surpassing that of China's Alibaba in 2014.

Tags: share sale biggest saudi

 

Saudi Aramco Prices Shares At Top Of Range In Worlds Biggest IPO

2019-12-05 23:02:28| OGI

Aramco priced its IPO at 32 riyals (US$8.53) per share, the top of its indicative range, the company said in a statement.

Tags: top range prices biggest

 
 

Saudi Arabia Wants OPEC+ To Deepen Oil Cuts Due To Aramco IPO

2019-12-02 11:56:28| OGI

OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco, two sources familiar with the talks said.

Tags: due oil arabia saudi

 

Saudi Aramco IPO Gets $44.3 Billion In Bids So Far

2019-11-29 14:37:49| OGI

Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Nov. 29, putting its initial public offering on track to be over-subscribed.

Tags: so billion bids saudi

 

Gulf State Investors Step In To Help Aramco Hit IPO Target

2019-11-27 14:53:32| OGI

Saudi Arabias wealthy Gulf neighbors plan to invest in the 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.

Tags: state hit step target

 

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