Saudi Aramco to offer retail investors $10bn-worth of shares in blockbuster float

City A.M. | Nov 10, 2019 at 5:19 PM
  • Investors will start bidding for shares in Saudi Aramco next Sunday, as the starting gun fires in the race to own a part of the world’s most profitable company.
  • If it achieves its ambitious $2 trillion (£1.57 trillion) valuation, this would amount to about $10bn-worth of shares when it hits public markets on 17 November.
  • Despite coming to 658-pages, the prospectus did not include important details about the deal such as the number of shares on offer, or the offer price.