The US has Apple — Saudi Arabia will have Aramco, JP Morgan says

France Nouvelles Nouvelles

The US has Apple — Saudi Arabia will have Aramco, JP Morgan says
France Dernières Nouvelles,France Actualités
  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Saudi Aramco announced plans to go public on Sunday, with the oil giant poised to determine its final launch price over the coming weeks.

plans to go public on Sunday, with the state-owned oil behemoth poised to determine its final launch price over the coming weeks.

However, if Saudi Aramco, the most profitable company in the world, achieves a valuation of $1.5 trillion next month, it will far exceed the market capitalization of the California-based tech behemoth. "There is a sort of halo effect which I think is understated to some extent in the context of what they are trying to do as part of these long-term plans."

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CNBC /  🏆 12. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Saudi Aramco, World’s Largest IPO, Finally Gets Green LightSaudi Aramco, World’s Largest IPO, Finally Gets Green LightExact details about the IPO’s December listing remain unknown.
Lire la suite »

10 Reasons Not To Invest In The Saudi Aramco IPO10 Reasons Not To Invest In The Saudi Aramco IPOEven if the Kingdom manages to launch its IPO, cautious investors should stay away.
Lire la suite »

Factbox: Saudi Aramco - the oil colossusFactbox: Saudi Aramco - the oil colossusThe world's largest oil producer, Saudi Aramco, has announced its intention...
Lire la suite »

Saudi Aramco, World’s Largest IPO, Finally Gets Green LightSaudi Aramco, World’s Largest IPO, Finally Gets Green LightSaudi Arabia officially announced its IPO for Saudi Aramco yesterday, saying that it plans to domestically list shares starting in December by skleb1234
Lire la suite »

Give or take a trillion: Investors still in the dark on Saudi Aramco valueGive or take a trillion: Investors still in the dark on Saudi Aramco valueHow much is Saudi Aramco worth? The company's planned IPO doesn't provide many details
Lire la suite »



Render Time: 2025-03-16 23:21:20