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Saudi Aramco Considers Selling Chunk of Company Amidst Highest Oil Prices of the Year

door Emmanuel Vanbrussel
published on Saturday 02 September 2023 at 19:01 •
3 min read

With oil prices at their highest level of the year, Saudi Arabia is considering selling a chunk of its listed oil giant Saudi Aramco to investors, the Wall Street Journal on. That could be the largest stock sale in history.

The numbers:

Saudi Aramco is a giant with a market capitalization of more than $2,200 billion, usually trailing only Apple in rankings as the most valuable publicly traded company in the world. That

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Source: Wall Street Journal

2023-09-02 17:02:08
#biggest #stock #sale #imminent

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