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OilMonster

Crude Oil November 27, 2019 12:45:56 AM

Aramco IPO Retail Subscription at $7.21 Bln- Lead Manager

Anil
Mathews
OilMonster Author
Aramco, the world’s biggest crude oil producing company, is looking to sell 1.5% of its stock in the IPO.
Aramco IPO Retail Subscription at $7.21 Bln- Lead Manager

SEATTLE (Oil Monster): Retail subscription for Saudi Aramco’s initial public offering (IPO) reached 27.04 billion Saudi riyals ($7.21 billion) on Tuesday, lead manager Samba Capital said.

Aramco, the world’s biggest crude oil producing company, is looking to sell 1.5% of its stock in the IPO.

Courtesy: www.reuters.com

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