Aramco

Saudi Aramco prices equity offering at the low end of the range for a sale price of $11.2 billion

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Saudi Arabia has sold $11.2 billion worth of shares in Saudi Aramco, less than the maximum amount the world’s largest oil company could have raised in a deal aimed at winning over international investors. After a week-long roadshow led by CEO Amin Nasser that made stops in London and New York, Saudi Aramco said on … Read more

Saudi Arabia will sell $12 billion worth of Aramco shares

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Saudi Arabia is selling about $12 billion worth of shares in its national oil company Saudi Aramco as the kingdom seeks more capital for its sovereign wealth fund. The Saudi government will sell at least … Read more