Saudi Aramco prices shares at top of range in world’s biggest IPO: sources

Reuters DUBAI/RIYADH – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will still fall significantly short of the towering $2 trillion valuation long sought by Crown Prince Mohammed bin Salman. Aramco priced its IPO at 32 riyals ($8.53) per share, the top of its indicative range, according to three sources familiar with[Read More...]

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