Home Uncategorized The Saudi Aramco IPO is Making History

The Saudi Aramco IPO is Making History

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As much as renewable energy is becoming increasingly popular, the world still runs on oil and natural gas. Therefore, it is hardly a surprise that the largest initial public offering IPO in history belongs to Saudi Aramco, the worlds largest integrated oil and gas company and the largest investorowned oil company. Sporting a market cap of around 2 trillion, this Gulf mammoth dwarfs the likes of Apple, Microsoft and its Western rivals in the energy field, Shell and Exxon Mobil.