The statement published on Sunday to Aramco's website marks a milestone in the company's closely watched path to the public market.
State-owned oil giant Saudi Aramco on Sunday released a range for its initial public offering that places its valuation up to $1.7 trillion ahead of its public debut that's expected to be the largest on record. The company filed a key document last week detailing risks to its operations like climate change and terrorism, armed conflict, and political unrest in the region. Aramco is expected to begin publicly trading next month on Saudi's stock exchange, the Tadawul.
State-owned oil giant Saudi Aramco on Sunday released a range for its initial public offering that places its valuation up to $1.7 trillion ahead of its public debut that's expected to be the largest on record. The company filed a key document last week detailing risks to its operations like climate change and terrorism, armed conflict, and political unrest in the region. Aramco is expected to begin publicly trading next month on Saudi's stock exchange, the Tadawul.
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