News
13 January 2020

Saudi Aramco ups IPO amount via greenshoe option

In:
Oil & gas
Region:
Middle East & Africa

Saudi Aramco has exercised a greenshoe option to sell an additional 450 million shares, raising the volume of its IPO to a record $29.4 billion - an extra $3.8 billion more than the $25.6 billion initial amount raised in December 2019, which was also a record level. The company says investors were...

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