Hedge Funds & Alternative Investments
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Saudi Aramco attracts $38bn in orders from institutional investors
Institutional investors have put in 144.1 billion riyals ($38.4bn) worth of bids for Saudi Aramco's planned initial public offering, equivalent to more than twice the number of shares on sale, financial advisers for the IPO said. The institutional bookbuilding began on Nov. 17 and investors have until Dec. 4 to…
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