Refinitiv: Saudi Aramco IPO is largest of all-time

Refinitiv: Saudi Aramco IPO is largest of all-time

Commodities Equity
Olie Grondstoffen

Lucille Jones, Analyst at Refinitiv Deals Intelligence, comments: “The Saudi Aramco listing, has raised more than all of this year’s 117 IPOs on Nasdaq - currently the most active exchange so far during 2019, by value.

“It has boosted global IPO proceeds to USS$158.9 billion so far during 2019, down 7% compared to this time last year and also accounts for 16% of total IPO proceeds in 2019.”