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
Add BT as a preferred source
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.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
