Saudi Aramco’s IPO balloons to record $29.4B
Saudi Aramco has boosted the size of its initial public offering, IPO by nearly $4 billion after selling millions of additional shares. Saudi Arabia’s state-run oil giant said Sunday that it’s raised a record $29.4 billion after exercising a “greenshoe option” to sell 450 million more shares than originally planned. The option allowed the company […]
