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Saudi Crown Prince Mohammed bin Salman said that Saudi Aramco will sell more shares as part of plans to bolster the country’s main sovereign wealth fund. The company is the world’s biggest oil company and completed its first public offering in 2019. Valued at $25.6 billion, it was the world’s largest initial public offering.

MBS announces Aramco selling more shares

Saudi Crown Prince Mohammed bin Salman said that Saudi Aramco will sell more shares as part of plans to bolster the country’s main sovereign wealth fund. The company is the world’s biggest oil company and completed its first public offering in 2019. Valued at $25.6 billion, it was the world’s largest initial public offering.

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