Video PlayerClose
RIYADH, Oct. 29 (Xinhua) -- Saudi Oil Company "Aramco" will list on the Saudi Stock Exchange (Tadawul) on Dec. 11, Al Arabiya TV said Tuesday.
The IPO will take place on Nov. 3, said the report, adding pricing will start on Nov. 17 with a final price for the float expected to be announced on Dec. 4.
It aims to raise up to 100 billion U.S. dollars from the IPO of a five-percent stake of the company with a 2-trillion-dollar valuation, which could make it the most valuable company in the world.
