Carol and we hit the red carpet to celebrate the bloomberg 50. It is our annual list of those whose 2019 accomplishments stick out. Jason but first, the biggest ipo, saudi aramco. Shares surged to a market value of at their peak. 2 trillion carol a culmination of a fouryear effort from the kingdom. Talking about this, with a lot of questions. One thing to point out. Now it is publicly traded and it it is an ipo, a publicly held company, but only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell as much as 5 of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Valuat
Process. Carol and we hit the red carpet to celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. But first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At the peak. Carol a culmination of a fouryear effort from the kingdom. We are in wanted to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small there ine, 1. 5 is out the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. Back to 2016er when the initially announced plans for the ipo, the plan was to sell shares of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Theevaluation did valuation did not get close to what they wanted but it is a
To celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. Jason but first, the biggest ipo, saudi aramco. Those shares surge to a market value of 2 trillion. Carol a culmination of a fouryear effort from the kingdom. We are in london to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell as much as 5 of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Ipothey managed to do the and the valuation did not get close to what they wanted but it
Carol and we hit the red carpet to celebrate the bloomberg 50. It is our annual list of those people whose 2019 measurable accomplishments stand out. Jason all of that still ahead. But first off, the worlds biggest ipo. We are talking saudi aramco. Shares surge to a market value of 2 trillion. That magic 2 trillion come at that peak. Carol a culmination of a fouryear effort from the kingdom. Our correspondent is in london to talk about this. A lot of questions. Now it is publicly traded and it it is an ipo, a publicly held company, but it is only a small 1. 5 that is out there in the public in terms of the company. Nini it is. The ipo has not turned out the way they expected it to happen. If you remember back to 2016 when saudi arabia initially announced plans for the ipo, the plan was to sell as much as 5 of the company. More importantly, what we have to look at is what was the purpose of the ipo. The ipo was seen as a means of diversifying saudi arabia away from its oildependent comp
Military pots. Left in the drawing board. Good afternoon. I want to welcome those of you who are here in the auditorium. Here in washington dc as well as those of you who are watching online. On our website or on cspan. I believe they are in fact on site here. According to them. Just wanted to go over a few items before we get to the meat of the program here. I would ask that everybody here turn off their cell phones or at least have them in a silent mode and those other Electronic Items as well. We will have a q a portion as we get close to the end of this, and when it goes down, it will ask folks to please wait to be called upon and wait for the microphone so everyone in the audience has an opportunity to hear you. That i will ask you to announce your name and affiliation. Our topic today is this particular absolutely fascinating and terrifying book eyes in the sky, by arthur hall and michelle and i have to. Out that the digital version that when i call the eye of saffron i will comp