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Saudi Aramco says IPO priced at top to make it world's biggest IPO

Reuters Thursday, 5 December 2019
Saudi Aramco says IPO priced at top to make it world's biggest IPOState-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 world's biggest flotation, above Alibaba's $25 billion listing in 2014.
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News video: Saudi Aramco prices world's biggest IPO

Saudi Aramco prices world's biggest IPO 01:39

State-owned oil giant Saudi Aramco's IPO will be the biggest in history but concerns about corporate governance and nation's role in Middle East politics may have limited international interest. Conway G. Gittens has the details.

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