Saudi Arabia raises $12.35b from Aramco share sale after increasing offer

Saudi Arabia raises $12.35b from Aramco share sale after increasing offer

FILE PHOTO: An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov//File Photo

Saudi Arabia raised a total of $12.35 billion from selling more shares in Aramco after increasing the offering in the world’s most valuable oil company, a document seen by Reuters showed.