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Aramco unit Luberef set to raise $1 3bn from IPO

Saudi oil giant Aramco has announced that its subsidiary, Luberef, has completed the book-building process for participating entities and is set to raise over SR4.95 billion ($1.32 billion) from its IPO after choosing the higher range of its share price.

Aramco unit Luberef set to raise $1 3bn from IPO

Saudi oil giant Aramco has announced that its subsidiary, Luberef, has completed the book-building process for participating entities and is set to raise over $1.32 billion from its IPO after choosing the higher range of its share price.

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