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Saudi Aramco to Raise $25.6B in Biggest IPO Ever
(
nytimes.com
)
1 point
by
tyre
on Dec 5, 2019
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1 comment
nwah1
on Dec 5, 2019
[–]
25 billion on a 1.7 trillion dollar company is very little by percentage, and in turn the company is implicitly backed by a state that has unlimited funds. This makes me question the point of all this.
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