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Aramco IPO retail subscription at US$5.8b, says lead manager

Published Mon, Nov 25, 2019 · 03:49 PM

[RIYADH] Retail subscription for Saudi Aramco's initial public offering (IPO) reached US$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 per cent of its stock in the IPO.

REUTERS

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