Saudi Aramco IPO institutional tranche 2.95 times oversubscribed

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RIYADH (Reuters) – The institutional tranche of Saudi Aramco’s planned initial public offering (IPO) has been almost three times oversubscribed, receiving orders worth 189.04 billion riyals ($50.4 billion), financial advisers for the IPO said on Tuesday.

Source: Saudi Aramco IPO institutional tranche 2.95 times oversubscribed

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