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    Home > Chemicals Industry > International Chemical > Issue 24, 2019 - Saudi Aramco goes public

    Issue 24, 2019 - Saudi Aramco goes public

    • Last Update: 2022-11-11
    • Source: Internet
    • Author: User
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    Saudi Aramco listed
    on December 11, Saudi Aramco was listed on the Saudi Stock Exchange (Tadawul), and the opening limit was up and down
    .
    This has brought the company's market capitalization to $1.
    88 trillion, making it the world's largest company
    by market capitalization.
    Its IPO set a record for the world's largest IPO, raising $25.
    6 billion
    by selling a 1.
    5% stake in the company.
    The company previously said it could trigger a "greenshoe" mechanism to sell more stakes, with the total amount raised expected to reach $29.
    4 billion
    .


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