Saudi Arabia plans a $10bn share sale for Aramco, potentially raising $10bn for the government.
Saudi Arabia plans a $10bn share sale for its oil and gas company Aramco as early as June, potentially raising $10bn for the Saudi government. The sale's specifics are still being worked out, and the shares will be listed in Riyadh in a fully marketed offering. The government's communication office and Aramco did not immediately respond to a request for comment.
May 26, 2024
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