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Saudi Aramco Prospectus Flags Risks, Gives Few Details On IPO Size

Saudi Aramco fired the starting gun on the IPO on November 3 after a series of false starts.
Saudi Aramco fired the starting gun on the IPO on November 3 after a series of false starts.
Saudi state oil giant Aramco will sell 0.5 per cent of its shares to individual retail investors and the government will have a lockup period of a year on further share sales after the initial public offering, its prospectus said on Saturday.
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