Aramco IPO Bids Reach $44.3 Billion as Retail Offer Closes
Amin Nasser, chief executive officer of Saudi Arabian Oil Co. (Aramco), left, and Yasir Al-Rumayyan, chairman, stand ahead of a news conference in Dhahran, Saudi Arabia. (Photographer: Mohammed Al-Nemer/Bloomberg)

Aramco IPO Bids Reach $44.3 Billion as Retail Offer Closes

(Bloomberg) -- Saudi Aramco’s initial public offering has drawn total bids of 166 billion Saudi riyals ($44.3 billion) so far from institutional and retail investors, about 1.7 times the amount the...
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