Saudi Aramco valuation set at up to $1.7 trillion, no overseas roadshows for IPO
Sunday, 17 November 2019 () Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion, below the $2 trillion the Saudi crown prince had targeted but still making it potentially the world's biggest IPO.
Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below the $2 trillion touted by Saudi's crown prince but still vying for the title of the world's biggest IPO. Emer McCarthy reports.
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... Reuters Also reported by •OilPrice.com