Bloomberg - Aramco IPO Valuation 'a Little Lofty' Tortoise's Thummel Says

iflix
Bloomberg - Aramco IPO Valuation 'a Little Lofty' Tortoise's Thummel Says

Bloomberg - Aramco IPO Valuation 'a Little Lofty' Tortoise's Thummel Says

  • TV-G
  • 2019
  • 5mins
Dec.05 -- Rob Thummel managing director and senior portfolio manager at Tortoise talks about Saudi Aramco's initial public offering. Aramco raised $25.6 billion from the world’s biggest IPO. The state-owned oil giant set the final price of its shares at 32 riyals ($8.53) valuing the world’s most profitable company at $1.7 trillion. Thummel speaks with Shery Ahn and Paul Allen on Bloomberg Daybreak: Australia.