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Saudi Aramco's worth may be just $1.1 trillion
Wednesday, April 5, 2017, 2:52 PM
Saudi-Arabia's national oil company may be worth half the $2 trillion (£1.61 trillion) valuation suggested by the country's officials, according to a report by the Financial Times. The Kingdom is due to list shares in Saudi-Aramco in both Riyadh and at least one other foreign stock exchange by 2018, selling up to 5% of what will likely become the world's biggest company by market-capitalisation.
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