After years of delay, Saudi Aramco’s much-anticipated initial public offering (IPO) will begin on November 17, the company said in a prospectus.
The final share price will be determined on December 5, a day after subscriptions close.
Saudi Arabia’s state-owned company had last week said it will sell an unspecified number of shares on the Riyadh stock exchange in what is expected to be the biggest IPO in history.