Aramco May Be Worth $1.5 Trillion or Less, Some IPO Banks Say
A logo sits on display on the side of a crude oil storage tank at the Juaymah tank farm at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia. (Photographer: Simon Dawson/Bloomberg)

Aramco May Be Worth $1.5 Trillion or Less, Some IPO Banks Say

(Bloomberg) -- Saudi Aramco may be worth as little as $1.5 trillion or even less, well below the target set by the kingdom, according to research sent on Sunday to potential investors by the banks ...
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