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Saudi Aramco's IPO will reportedly value the oil giant at $1.7 trillion, making it the biggest in history

Business Insider Thursday, 5 December 2019
Saudi Aramco's IPO will reportedly value the oil giant at $1.7 trillion, making it the biggest in history**

· *Saudi Aramco is expected to be valued at $1.7 trillion in its upcoming initial public offering, The Wall Street Journal reported Thursday. *
· *The company expects to raise $25.6 billion from the IPO, according to the report. That means it's the largest-ever IPO on record, beating out Alibaba's $25 billion IPO in...
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Credit: BBC World News - Affiliate - Published < > Embed
News video: Saudi Aramco's eight decades of history

Saudi Aramco's eight decades of history 01:15

Saudi Arabia's state-owned oil giant Saudi Aramco traces its history back to the 1930s.

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