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Saudi Aramco IPO Proceeds Rise to $29.4bln

Source: www.gulfoilandgas.com 12/9/2019, Location: Middle East

The proceeds from Saudi Aramco's record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock. Aramco's main IPO raised $25.6 billion on Thursday.

The final number of shares sold is 3.450 billion shares, and the final value of the deal is $29.4 billion.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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