Saudi Aramco's $2 Trillion Zombie IPO
2018-07-07 - bloomberg -  

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It was the moment Saudi Arabia's reforming young prince told the world he meant business. In early 2016, Muhammad bin Salman said he planned to sell shares in the kingdom's crown jewel: Saudi Aramco, the giant energy company that produces 10 percent of the world's oil and finances the Saudi state. The initial public offering-plan
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