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The Largest IPOs in History
#1 · October 27, 2020, 10:26 PM
The Largest IPOs in History
- Ant Group $34.4bn - China
- S Aramco $29.4bn - Saudi Arabia
- Alibaba $25bn - China
- Agricultural Bank of China $22.1bn - China
- ICBC $21.9bn - China
- Softbank $21.3bn - Japan
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Of course, there are grave risks for trying just that for Nigeria as I noted. Saudi Arabia may be executing a game plan; it could be a great exit before that future of constrained oil arrives. Just today, we are learning that weak oil prices have hit BP’s profits. Weather has also contributed to the lower profit, delivering a double whammy. BP reported a 41% drop in Q3 net profits.