IPO
Public Capital , IPO
Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion
The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.
IPO , Crude Oil
Saudi Arabia Wants OPEC+ To Deepen Oil Cuts Due To Aramco IPO
OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco, two sources familiar with the talks said.
IPO
Saudi Aramco IPO Gets $44.3 Billion In Bids So Far
Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Nov. 29, putting its initial public offering on track to be over-subscribed.
IPO
Saudi Aramco Won't Breach Maximum Weight For Firms In Saudi Index: Report
Saudi Aramco's weighting in Saudi Arabia's main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom's Tadawul exchange, a senior executive said on Nov. 24.
IPO
Saudi Aramco In Race For IPO Record With $1.7 Trillion Top Value
Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Nov. 17, below the $2 trillion sought by Saudi's crown prince but putting it in the running to become the world's biggest IPO.
IPO , International
Aramco IPO A Critical Test For Young Saudi Exchange
The imminent listing of oil giant Saudi Aramco will be a pivotal moment for Saudi Arabia's young and untested Tadawul stock exchange.
Public Capital , IPO
Saudi Aramco Sweetens IPO Terms To Win Over Investors
Valuation and foreign investor demand for Aramco’s IPO will be a big test for Riyadh with Saudi Crown Prince Mohammed bin Salman targeting a valuation of $2 trillion.
Public Capital , IPO
Investors Still In The Dark On Saudi Aramco Value
With scant details disclosed and expert valuations varying wildly from around $1.2 to $2.3 trillion, Saudi Aramco's blockbuster IPO remained shrouded in mystery on Nov. 4.
IPO
Saudi Aramco Reportedly To Begin Planned IPO On Nov. 3
Saudi Aramco aims to announce the start of its IPO on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month.
IPO
Saudi Aramco Hires UBS, Deutsche As Bookrunners For IPO
audi state oil company Aramco has hired UBS Group and Deutsche as bookrunners for its initial public offering, two sources familiar with the matter said, in a sign that the deal is moving ahead despite a recent attack on Saudi oil facilities.