Monday, November 18, 2019

Aramco Seeks Record-Setting IPO With $1.7T Valuation

Saudi Arabia set the IPO value of Aramaco (ARMCO), currently the most profitable company in the world, at $1.7T as the state-owned megalith prepares to sell a 1.5 percent stake, below the $2T level previously targeted by Crown Prince Mohammed bin Salman. See Full Story>

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