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Aramco’s ‘greenshoe option’ pushes IPO to record $29.4B

Seattle Times Sunday, 12 January 2020
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 higher than previously announced, after the company used a so-called “greenshoe option” to sell millions more shares to meet investor demand. The company said that the sale of an additional […]
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