Live Breaking News & Updates on Broncos ipo

Transcripts for DW Business 20191118 23:31:00

Saudi arabia is restricting our broncos i.p.o. to the stock exchange the decision is a huge step back from original plans to go public in other locations like new york the company has been valued at 1.7 trillion dollars less than what the kingdom had been hoping for but still the world s biggest ever i.p.o. . subscription starts soon for weeks these billboards have lined riyad streets now the subscription period has begun for real investors can sign up to buy shares in saudi aramco. it s their patriotic duty says the government some banks are even offering loans of $10000000.00 euros so rich saudis can buy a piece of the oil colossus in the saudi capital there is no public criticism of the planned i.p.o. . company is the crown jewel of investment in saudi arabia. and

Saudi-arabia , Step , Plans , Decision , Locations , Broncos-ipo , Stock-exchange , Public , New-york , Boeing-company , World , Ipo