ADVERTISEMENT
Saudi Aramco IPO Size Touches Record $29.4 Billion Through Greenshoe Option
12 Jan 2020, 11:55 AM IST i

Save

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.
ADVERTISEMENT