Breakingviews TV: Aramco’s IPO

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Breakingviews TV: Aramco’s IPO
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  • 📰 Breakingviews
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Watch: Saudi Aramco has fixed on a $1.7 trillion valuation – less than it wanted but probably more than it merited. Getting that number means pulling out all the stops, including loans to Saudi citizens to help them buy the stock. gfhay explains.

The world’s biggest oil company has fixed on a $1.7 trillion valuation – less than it wanted but probably more than it merited. Getting that number means pulling out all the stops, including loans to Saudi citizens to help them buy the stock. George Hay explains what’s at stake.

The world’s biggest oil company has fixed on a $1.7 trillion valuation – less than it wanted but probably more than it merited. Getting that number means pulling out all the stops, including loans to Saudi citizens to help them buy the stock. George Hay explains what’s at stake.https://reut.rs/2QME11N

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