{"id":304603,"date":"2019-12-07T11:18:53","date_gmt":"2019-12-07T05:48:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=304603"},"modified":"2019-12-07T11:39:07","modified_gmt":"2019-12-07T06:09:07","slug":"saudi-aramco-raises-25-6-b-in-the-worlds-biggest-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-raises-25-6-b-in-the-worlds-biggest-ipo\/","title":{"rendered":"Saudi Aramco raises $25.6 b in the world\u2019s biggest IPO"},"content":{"rendered":"<p>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>Aramco offered just 1.5 per cent of its shares and opted for a local listing after global investors balked at its hopes of valuing the company at $2 trillion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. Aramco offered just 1.5 per cent of its shares and opted for a local listing after global investors balked at its hopes of valuing the company at $2 trillion.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-304603","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304603","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=304603"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304603\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=304603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=304603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=304603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}