4 ms·

The company is valued at $2 trillion, the value of the IPO is expected to be 5% of that. Title seems misleading...

• dlhavema 10y ago
  isn't the valuation based on: (1.00 / (percent sold off)) * (amount the chunk was sold for) so 1/.05 = 20, and 20 * 100 billion = 2 trillion?
• dang 10y ago
  Yes, and also rewritten in a way that breaks the HN guidelines. We've replaced it with a subtitle from the article. (Submitted title was 'Saudi Aramco Announces Largest IPO in history valued at $2 trillion'.)
  • aburan28 10y ago
    Ah, I apologize for the misleading initial title
    • dang 10y ago
      Appreciated! Not too big a deal.