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Aramco's 'Greenshoe Option' Pushes IPO to Record $29.4B

Newsmax Sunday, 12 January 2020
Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.
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Aramco's 'greenshoe option' pushes IPO to record $29.4B

DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure...
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