Information about Saudi Aramco IPO advisors to be released soon Saudi Aramco plans to sell shares in its entire business, the company’s CEO Amin Nasser said. When the IPO was originally announced, there was speculation that the kingdom might only seek to sell shares in the downstream operations of the world’s biggest oil company. The company plans to list shares on the Saudi stock market and is also considering foreign bourses in London, Hong Kong and New York, according to Nasser. Aramco hopes to sell approximately a 5 percent stake in the company, reports Bloomberg . Is it the most valuable company on the planet? Valuations on the company vary as the Saudi-owned integrated oil company only releases select information, but analysts have put the worth of the company between $1 and $10 trillion , potentially making it the most valuable company on the planet. Saudi Aramco’s reserves are […]