Nov.04 -- Saudi Aramco may be worth $1.5 trillion or possibly a bit less. That’s according to the research sent to potential investors by the banks involved in the company’s long-awaited IPO. It’s well below the $2 trillion target that was set by Mohammed bin Salman as they struggle to pinpoint a precise valuation. Bloomberg’s Matthew Martin reports on “Bloomberg Daybreak: Europe.”
Aramco May Be Worth $1.5 Trillion or Less
Nov.04 -- Saudi Aramco may be worth $1.5 trillion or possibly a bit less. That’s according to the research sent to potential investors by the banks involved in the company’s long-awaited IPO. It’s well below the $2 trillion target that was set by Mohammed bin Salman as they struggle to pinpoint a precise valuation. Bloomberg’s Matthew Martin reports on “Bloomberg Daybreak: Europe.”
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