Saudi Aramco prospectus flags risks, gives few details on IPO size

By Saeed Azhar, Hadeel Al Sayegh, Aziz El Yaakoubi and Maher Chmaytelli DUBAI (Reuters) - Saudi state oil giant Aramco will sell 0.5% of its shares to individual retail investors and the government will have a lockup period of a year on further share sales after the initial public offering, its prospectus said on Saturday.

The post Saudi Aramco prospectus flags risks, gives few details on IPO size appeared first on Firstpost.

from Firstpost https://ift.tt/2NuDzTw