KRTL BioTech

Saudi Aramco IPO oversubscribed so far, but not by big margin

Saudi Aramco IPO oversubscribed so far, but not by big margin

Saudi Aramco's initial public offering (IPO) was on course to be oversubscribed but not by a huge margin, according to figures released so far by the lead manager before a Dec. 4 close for institutional investors to submit offers.