Saudi Aramco's IPO proceeds soar to nearly US$30 bil - Free Malaysia Today

Saudi Aramco's IPO proceeds soar to nearly US$30 bil - Free Malaysia Today

Oil company exercised option to sell 15% more stock.

RIYADH: The proceeds from Saudi Aramco’s record initial public offering have risen to US$29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel on Monday. … [+492 chars]

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