Saudi Aramco in race for IPO record with $1.7t top value

Saudi Aramco in race for IPO record with $1.7t top value

REUTERS/Ahmed Jadallah

Saudi Aramco is worth up to $1.7 trillion (£1.3 trillion) at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi’s crown prince but putting it in the running to become the world’s biggest IPO.