Will Aramco’s IPO succeed?

UNITED STATES, WASHINGTON (OBSERVATORY VIDEO) — Saudi Arabia’s crown jewel and the world’s largest oil producing firm, Aramco, is now set to go public after several delays.

The initial public offering, or IPO, will be on the Saudi stock exchange. How much of the company’s for sale and at what price, will be determined later.

Part of the Crown Prince’s economic plans for the kingdom, the flotation aims to raise billions of dollars.

But estimates of how much it might actually draw, vary widely.

Mohammed Bin Salman wants a $2 trillion price tag, many bankers put it at $1.5 trillion.

But can ARAMCO’s IPO satisfy his ambitions?

And what, if any, are the risks?


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