What investors need to see in Saudi Aramco’s IPO prospectusReading Time: 1 minute
“Saudi Aramco — the state-run oil giant — is reportedly delaying its initial public offering, which Saudi Arabia has valued as high as $2 trillion,” writes Marketplace. “Despite the delay, the oil giant is planning on issuing a prospectus, giving investors some details about what’s going on under the hood of the world’s biggest energy company. A prospectus is a pretty important part of any initial public offering. But for this particular company, investors are going to be paying extra close attention.”
Cordell Eminent Scholar Chair Jay Ritter spoke with Marketplace about how the Saudi Aramco’s prospectus will help investors understand its profitability and long term risk. Hear what Ritter had to say in this report from Marketplace.