IPO banks indicate institutional portion almost covered, Bloomberg said.

Bloomberg: Aramco Sees Nearly Enough Early Orders to Pull Off IPO

IPO banks indicate institutional portion almost covered, Bloomberg said. Saudi Aramco’s bankers are seeing sufficient early demand to pull off the state oil giant’s IPO just three days after launching the deal, specialists said. The high turnout from Saudi family businesses is an incentive for individual investors to invest in the IPO, which runs until...

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