Saudi Aramco valuation set at up to $1.7 trillion, no overseas roadshows for IPO

Sunday, 17 November 2019
Saudi Aramco valuation set at up to $1.7 trillion, no overseas roadshows for IPO

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.

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Credit: Reuters Studio - Published on November 17, 2019< > Embed

News video: Aramco IPO range values Saudi oil giant at up to $1.7 trillion

Aramco IPO range values Saudi oil giant at up to $1.7 trillion 02:02

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.

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