SAUDI ARAMCO IPO REVIEW
Saudi Aramco raises IPO to record $29.4 billion through greenshoe option
Investors were allocated the additional shares for the option during the book-building process.
Saudi Aramco hits new low since trading began on Dec 11
Saudi Aramco has lost almost 11 per cent since hitting a high of 38.70 riyals. The IP...
View: Saudi Aramco's true value is still a mystery
A more open Aramco can only be a good thing, but much will depend on whether it embraces t...
Saudi Aramco seeks $1.71 trillion valuation in world’s biggest IPO
Aramco will sell just 1.5% of its shares on the the local stock exchange, the Tadawul.
Saudi Aramco: Wall Street banks walk into a $2 trillion mess
Almost all of the big Wall Street and European investment banks are on the roster for the sale of shares.
Saudi Aramco debuts at 10% premium over issue price
Aramco raised $25.60 billion in the biggest-ever IPO by selling shares at 32 riyals.
Saudi Arabia will compromise on valuation to make Aramco IPO a success
Aramco is considering boosting next year’s dividend by $5b to $80b to win over investors.
Drones, delays and disputes: Aramco’s rocky road to $2 trillion
Here’s how the world’s biggest IPO unfolded.
Aramco tells IPO bankers it made $68 billion in 9 months
The company has pledged to pay a dividend of at least $75 billion next year.
Aramco trading debut to make Saudi bourse world’s ninth-biggest
The start of trading in Riyadh marks the end of a near four-year saga.
The Wall Street bankers who burst Aramco’s $2 trillion bubble
For Wall Street, already stung by the collapse of WeWork’s IPO, Aramco is another embarrassment.
Aramco stocks may hardly see any trade
The Gulf oil giant sold a 1.5 per cent stake in the IPO, while the remainder stays in the hands of the Saudi state
World’s most profitable company pays surprisingly little
For executives, it’s a relatively modest life compared with some of their peers elsewhere.
Opec+ deal isn't worth the paper it's written on
Opec cut their output target by a further 500,000 barrels a day for the first quarter of 2020.
Aramco set to formally announce listing plan next month
The oil giant aims to announce its intention to float around October 20.
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