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Tuesday, 04 August 2020

Aramco IPO retail subscription at $5.8 bln, says lead manager

Reuters , Monday 25 Nov 2019
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Retail subscription for Saudi Aramco's initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, 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. 

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