Aramco IPO Retail subscription at $5.8 bln, Says Lead Manager

Retail subscription for Saudi Aramco's initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, lead manager Samba Capital said. The retail element of the sale so far amounts to a total of 680,254,540 shares, Samba Capital said in a statement. The last day of subscription for the retail tranche of the share sale is Nov. 28, it said. Aramco launched the IPO on Nov. 3.
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