{"id":304450,"date":"2019-12-06T11:50:22","date_gmt":"2019-12-06T06:20:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=304450"},"modified":"2019-12-06T11:50:22","modified_gmt":"2019-12-06T06:20:22","slug":"saudi-aramco-raises-25-6-billion-in-worlds-biggest-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-raises-25-6-billion-in-worlds-biggest-ipo\/","title":{"rendered":"Saudi Aramco raises $25.6 billion in world\u2019s biggest IPO"},"content":{"rendered":"<p>DUBAI : Saudi Aramco raised $25.6 billion from the world\u2019s biggest initial public offering, closing a deal that became synonymous with the kingdom\u2019s controversial crown prince and his plans to reshape the oil-rich nation.<\/p>\n<p>The state-owned oil giant set the final price of its shares at 32 riyals ($8.53), valuing the world\u2019s most profitable company at $1.7 trillion. It received total bids of $119 billion.<\/p>\n<p>For Crown Prince Mohammed Bin Salman, the sale could help restore credibility undermined by setbacks to his blueprint to overhaul the economy and a global reputation tarnished by the murder of Washington Post columnist Jamal Khashoggi and the war in Yemen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI : Saudi Aramco raised $25.6 billion from the world\u2019s biggest initial public offering, closing a deal that became synonymous with the kingdom\u2019s controversial crown prince and his plans to reshape the oil-rich nation. The state-owned oil giant set the final price of its shares at 32 riyals ($8.53), valuing the world\u2019s most profitable company at $1.7 trillion. It received total bids of $119 billion. For Crown Prince Mohammed Bin Salman, the sale could help restore credibility undermined by setbacks to his blueprint to overhaul the economy and a global reputation tarnished by the murder of Washington Post columnist Jamal [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-304450","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=304450"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304450\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=304450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=304450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=304450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}