(CTN News) – Saudi Arabia will raise $11.2 billion through Saudi Aramco’s massive stock offering, the world’s largest such transaction in approximately three years. The share sale will help fund a multitrillion-dollar effort to restructure the kingdom’s economy. The Saudi government would sell over 1.55 billion shares at 27.25 riyals ($7.27) each, a 6% discount […]

The post Saudi Arabia Raises $11.2 Billion from Aramco Stock Offering to Fund Economic Transformation appeared first on CTN News – Chiang Rai Times.

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Author: Arsi Mughal