Saudi Aramco

Middle East

Saudi Arabia cuts $2trillion Aramco valuation

18/11/2019

Saudi Arabia set a valuation target for Aramco’s initial public offering well below Crown Prince Mohammed bin Salman’s goal of $2 trillion and pared back the size of the sale to ensure the world’s largest oil producer successfully lists on the Riyadh stock exchange next month.

Middle East

Saudi Aramco’s $2trillion IPO delayed once again

21/10/2019

Saudi Aramco’s stop-start initial public offering was delayed again just days before a planned launch as doubts re-emerged about the $2 trillion valuation placed on the state oil giant by Crown Prince Mohammed bin Salman.

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