Saudi Aramco IPO oversubscribed so far but not by huge margin

Saudi Aramco IPO oversubscribed so far but not by huge margin

The Saudi Aramco logo is pictured at the company's oil facility in Saudi Arabia, REUTERS/Maxim Shemetov

Saudi Aramco‘s initial public offering (IPO) was on course to be oversubscribed but not by a huge margin, according to figures released so far by the lead manager before a Dec. 4 close for institutional investors to submit offers.

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