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3 months ago

Business briefly: Saudi Aramco plans $25.6B share sale in biggest ever IPO : The company said it will sell its shares at 32 riyals ($8.53) each, putting the overall value of the stake being sold at $25.6 billion. That surpasses IPO record holder Alibaba Group Holding Ltd, the Chinese conglomerate and e-commerce company that raised about $25 billion in 2014. Full Article

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