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State-owned oil giant Saudi Aramco is worth up to $1.7 trillion in a new IPO range, setting the stage for the world's largest public listing

Business Insider Sunday, 17 November 2019 ()
State-owned oil giant Saudi Aramco is worth up to $1.7 trillion in a new IPO range, setting the stage for the world's largest public listing· State-owned oil giant Saudi Aramco on Sunday released a range for its initial public offering that places its valuation up to $1.7 trillion ahead of its public debut that's expected to be the largest on record. 
· The statement published on Sunday to Aramco's website marks a milestone in the company's closely watched path...
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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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Many big fund managers are shunning Aramco's $1.7 trillion IPO, citing political turmoil and environmental worries

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· *Some of the world's top fund managers are staying clear of Aramco's eye-watering IPO. * · *According to Reuters, investors are worried about the political...
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