Saudi Aramco Raises $25.6 Billion in Historic IPO

Dec 06, 2019
Democracy Now!

Saudi Arabia has taken the world’s most profitable company public. The state-owned oil giant Saudi Aramco raised a record $25.6 billion in its initial public offering. When trading begins the company will be valued at $1.7 trillion, making it the most valuable listed company in the world.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s