MOHAMMED BIN SALMAN
No rush as many investors steer clear of Aramco IPO
The state oil giant confirmed on Thursday that its initial public offering would be the biggest in history, raising $25.6 billion. The offering will surpass Alibaba’s 2014 New York flotation and value Aramco at $1.7 trillion — still short of the prince’s $2 trillion goal.
25 billion reasons: Why Saudi is listing its crown jewel
Despite its almost unimaginable oil wealth, Saudi Arabia's finances have sagged al...
Saudi Aramco prices shares at top of range in world's biggest IPO
Aramco may also exercise a 15% "greenshoe" option, allowing it to increase ...
Saudi Aramco IPO oversubscribed so far, but not by big margin
Bids received by Friday from institutional and retail investors totalled $44.3 billion, lead manager Samba Capital said.
Saudi Aramco IPO's retail tranche oversubscribed
Aramco is the crown jewel of the economy and the world's most profitable company.
Saudi Aramco IPO's institutional tranche oversubscribed
Aramco plans to sell 1.5% of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.
Aramco offer’s institutional tranche oversubscribed: Source
Saudi oil giant plans to sell 1.5% of the comapny.
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 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.
Opec+ meet and trade deal talks to keep crude oil prices volatile
Crude oil market players are looking towards next month’s Opec+ meeting for fresh cues.
Aramco CEO survives drones, outlasts rival in stormy IPO year
The cash cow sustaining Saudi Arabia, Saudi Aramco is selling a 1.5% stake after which CEO Amin Nasser won’t have complete control of the company. Later this month Riyadh stock exchange will be set to trade world’s largest publicly traded company.
US: Saudis recruited Twitter workers to spy on critics
Saudi Arabia, frustrated by growing criticism of its leaders and policies on social media, recruited two Twitter employees to spy on thousands of accounts that included prominent opponents, prosecutors alleged Wednesday.
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.
World’s most profitable company pays surprisingly little
For executives, it’s a relatively modest life compared with some of their peers elsewhere.
After WeWork, SoftBank’s startup accounting model under fire. Oyo raises eyebrows
The Vision Fund put $250 million into Oyo in 2017 and led a $1 billion funding round last year, which pushed the Indian company’s valuation to $5 billion. Son encouraged Agarwal to expand into markets such as China and the U.S. and to buy properties, including the Hooters Casino in Las Vegas for $135 million.
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