Saudi Aramco Considers Biggest Stock Sale in History Amid Rising Oil Prices

2023-09-03 14:32:54

par Emmanuel Vanbrussel
posted on Sunday 03 September 2023 at 16:32 •
3 min read

Now that the price of oil is at its highest for this year, Saudi Arabia is considering selling part of its publicly traded oil company, Saudi Aramco, to investors, according to the Wall Street Journal. This might become the biggest stock sale in history.

Numbers :

Saudi Aramco is a giant with a market capitalization of over $2.2 trillion, making it the second most valuable publicly traded company globally.

This premium article is for subscribers only

Become a subscriber and get immediate and unlimited access to all articles. Now from €1.99/month.

Already subscribed? Login and get access to all premium items.
1693759048
#biggest #stock #sale #time #works #Business

Leave a Replay