Saudi Aramco's public listing revolutionary in many ways
The real eye-opening development is not the amount of money involved but where the shares will be listed
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New York
IT is hard to get one's head around it: An initial public offering (IPO) that would value a company in the trillions of dollars. That is trillions, with a T.
Saudi Arabia is considering selling shares in its state oil company. With 261 billion barrels of oil in reserves and a yearly output of over three billion barrels of oil, the company, Saudi Aramco, is a behemoth by any measure.
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