CORRECTED (OFFICIAL)-UPDATE 1-Saudi Aramco IPO institutional tranche 2.95 times oversubscribed
03 Dec CORRECTED (OFFICIAL)-UPDATE 1-Saudi Aramco IPO institutional tranche 2.95 times oversubscribed
Posted at 05:05h
in
News
by KMFSLLP
The institutional tranche of Saudi
Aramco’s planned initial public offering (IPO) has been almost
three times oversubscribed, receiving orders worth 189.04
billion riyals ($50.4 billion), financial advisers for the IPO
said on Tuesday.
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