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Saudi Aramco scales back IPO expectations | Money Talks
The initial public offering of the world's largest oil company seems to be running out of steam. Saudi Aramco had planned to raise $100 billion from its share sale, but it's settling for a mere 25-percent of that target. Here's what's dampening demand ahead of the most anticipated listing of the year. We got more from TRT World Senior Business Producer Mobin Nasir.
#SaudiAramco #IPO #ShareSale
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By TRT WorldThe initial public offering of the world's largest oil company seems to be running out of steam. Saudi Aramco had planned to raise $100 billion from its share sale, but it's settling for a mere 25-percent of that target. Here's what's dampening demand ahead of the most anticipated listing of the year. We got more from TRT World Senior Business Producer Mobin Nasir.
#SaudiAramco #IPO #ShareSale
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