ADVERTISEMENT

Saudi Aramco IPO Size Touches Record $29.4 Billion Through Greenshoe Option

Saudi Aramco initially raised a then-record $25.6 billion in its IPO in December
Saudi Aramco initially raised a then-record $25.6 billion in its IPO in December
State-owned oil company Saudi Aramco said on Sunday it has exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion.
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit