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Saudi Aramco in race for IPO record with $1.7 trillion top value

Reuters Sunday, 17 November 2019
Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi's crown prince but putting it in the running to become the world's biggest IPO.
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Credit: Al Jazeera STUDIO - Published < > Embed
News video: Saudi Arabia values oil giant Aramco far below original target

Saudi Arabia values oil giant Aramco far below original target 01:36

The government is preparing Saudi Aramco for what could be the world's biggest-ever initial public offering.

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