Tag Archives: International investors grab ‘majority’ of Aramco shares

RIYADH: Oil giant Saudi Aramco said on Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion. The secondary offering was expected to provide a short-term boost to Saudi Arabia’s finances as the Gulf kingdom builds large-scale projects including resorts and stadiums, part of a reform drive …

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