Saudi Aramco IPO is Now Oversubscribed, Majority Interest Domestic
Posted on 11/29/2019
As Americans finished Thanksgiving dinners, Saudi Aramco’s initial public offering (IPO) continues to amass investors. Bids received by November 29, 2019 from institutional and retail investors totaled US$ 44.3 billion, according to lead manager Samba Capital. Samba Capital’s first update on institutional investor interest said that the value of the bids totaled around 118.86 billion […]
