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Aramco IPO News
Saudi Aramco becomes world's biggest listed company, beats Apple as shares surge 10 per cent
Wed, Dec 11, 2019
Saudi Aramco has become world's biggest listed company beating tech giant Apple after its shares surged the maximum permitted 10% above their initial public offering (IPO) price on its Riyadh stock market debut today, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman.
Saudi Aramco hires UBS, Deutsche as bookrunners for its IPO: Sources
Sat, Sep 21, 2019
Aramco finalised nine banks for top roles as global coordinators in recent weeks, Reuters has reported. More banks are expected to be named in junior roles, the sources said.
Saudi Arabia changes Aramco status to joint-stock company: official bulletin
Fri, Jan 05, 2018
The sale of around 5 percent of Aramco, expected to go ahead in 2018, is a centrepiece of Vision 2030, a reform plan to reduce the dependence of the Saudi economy on oil.
India could invest in Aramco IPO to strengthen ties
Tue, May 23, 2017
"I`m expecting Aramco to be a supplier for a very long time... We discussed the idea with (Saudi energy) minister (Khalid al) Falih in Houston this year. They (Aramco) are interested in the joint venture," Pradhan said in an interview.