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Aramco’s Privatization and IPO Dilemma: Timing and Valuation
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Reference: IVEY-9B20N031-E
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Year: 2019
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Number of pages: 12
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Geographic Setting: Saudi Arabia
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Publication Date: Sep 17, 2020
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Fecha de edición: Sep 17, 2020
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Source: Ivey Business School (Canada)
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Type of Document: Case
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Industry Setting: Mining, Quarrying, and Oil and Gas Extraction;
Description
In November 2019, Saudi Arabia’s government officials and advisers had to decide whether or not to proceed with a plan to make the government-owned Saudi Arabian Oil Company (Aramco) a private company and list it on a stock exchange. At the time, Aramco w
Learning Objective
This case is designed for undergraduate- and graduate-level courses on corporate finance, specifically on the topic of raising capital through an initial public offering. The case also discusses the decision to make a major state-owned company a public co