Is Saudi Aramco Really Worth $10 Trillion? – 24/7 Wall St.

Even if Saudi Aramco is worth only about a third the value of its proved reserves, it would still be among the largest publicly traded companies in the world. The big issue for the Saudis, aside from needing cash, is how much they are willing to reveal about the inner workings of Saudi Aramco. Currently that amounts to almost nothing, but if the company wants to trade on a more liquid exchange such as New York, London or Hong Kong, it will have to reveal details about its business that it has never shared before. That’s what makes the possible IPO so interesting to everyone but the investment bankers.

via Is Saudi Aramco Really Worth $10 Trillion? – 24/7 Wall St..

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About marypmadigan

Writer/photographer (profession), foreign policy wonk (hobby).
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