The oil giant’s shares reached prices on the Riyadh exchange that make it the world’s most valuable public company.
Tag: Initial Public Offerings
How Aramco’s Huge I.P.O. Fell Short of Saudi Prince’s Wish
As investors balked, some bankers and Saudi officials still hoped to achieve the crown prince’s target price of $2 trillion. They wound up settling for less.
Saudi Aramco to Raise $25.6 Billion in Biggest I.P.O. Ever
Aramco, the world’s largest oil company, set a price for its shares that marks the company’s value at $1.7 trillion.
Saudi Aramco Sets Its Market Value at Up to $1.7 Trillion
The world’s largest oil company is providing more data for potential investors in its initial public offering, which is expected next month.
Saudi Aramco Offers Some Details on Coming Stock Offering
Aramco, the world’s largest oil company, said it would set a final price for its shares on Dec. 5.
Is Aramco Worth $2 Trillion? And Other Crucial I.P.O. Questions
The valuation of the giant oil producer remains a critical question in the wake its decision to go public.
Aramco’s I.P.O. Will Be Less Gigantic Than Promised
The state-owned oil giant is expected to announce soon that it plans to go public. But the stock sale will fall short of Saudi Arabia’s ambitions.
The Week in Business: Stocks Hit a Record High, and Facebook Wants to Replace Your Bank
Plus, tensions with Iran reach a boiling point and Trump’s meeting with China’s president.
Uber Drivers’ Day of Strikes Circles the Globe Before the Company’s I.P.O.
Protests from Australia to San Francisco denounced the employment practices of ride-hailing companies. “I believe we deserve some respect and to be paid fairly,” one driver said.
Drivers Start Strikes Ahead of Uber’s Blockbuster I.P.O.
A walkout by Australian drivers began a series of planned work stoppages around the world to protest wages and work conditions of ride-hailing services.