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Saudi Aramco Prices Shares at Top of Range in World's Biggest IPO - Sources

Newsmax Thursday, 5 December 2019
State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, three sources told Reuters, raising $25.6 billion and overtaking China's Alibaba to achieve the world's biggest stock market flotation
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News video: Saudi Aramco prices world's biggest IPO

Saudi Aramco prices world's biggest IPO 01:39

State-owned oil giant Saudi Aramco&apos;s IPO will be the biggest in history but concerns about corporate governance and nation&apos;s role in Middle East politics may have limited international interest. Conway G. Gittens has the details.

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Saudi Aramco's expanded IPO generates $29.4B

Saudi Aramco has exercised an option to increase its initial public offering to $29.4 billion to satisfy investor demand.  -More- 
SmartBrief Also reported by •Business InsiderSeattlePI.comSeattle TimesNewsmax

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