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Published 1 month ago

Saudi Aramco announces end of share sale worth $11.2B

Summary by Inquirer
RIYADH, Saudi Arabia — Oil giant Saudi Aramco on Tuesday announced the close of its secondary share sale that fetched $11.2 billion and attracted new foreign investors. The offering was the largest in the Middle East since Aramco’s initial public offering (IPO) in 2019, the firm said in a statement, providing a boost to Saudi

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