Aramco starts IPO pricing with valuation of as much as USD1.706 trillion

Aramco starts IPO pricing with valuation of as much as USD1.706 trillion
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18.11.2019

MOSCOW (MRC) --В Saudi Aramco said Sunday it started pricing of its initial public offering in a range of 30 SAR to 32 SAR (USD8 to USD8.53) per share, indicating a company valuation of as much as USD1.706 trillion, as per S&P Global.Crown Prince Mohammed bin Salman had been seeking a valuation for the world's biggest oil and gas company of USD2 trillion. Saudi Arabia's government curren

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