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Deal of the Century?
No One Believes Saudi Aramco Is Worth $2 Trillion
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  • f1b0nacc1

    As Adam Smith once observed, “Everything is worth what a buy can be convinced to pay for it”. If the Chinese are foolish enough to spent $2 trillion on Saudi Aramco, they are welcome to their folly…

    May they have the joy of it

  • Kevin

    If it’s worth $1.5 trillion, I can see the Chinese deciding its worth paying an extra 33% for the access to and influence over all that oil.

  • FriendlyGoat

    Perhaps we are about to find out what 5% of Aramco is “worth” which does not actually tell us what 100% of it would be “worth” either before or after that 5% IPO.

  • Michael Candid

    There is plenty of reason why no one seems to believe that Aramco is worth $2T. If they can’t become more transparent and if the Saudi government can’t loosen its grasp, their valuation will remain shaky, possibly even decrease significantly approaching the launch of their IPO. The Kingdom will never allow Aramco’s strategy to be changed by ‘normal’ global financial indicators which could spell trouble for Aramco’s big launch. ( )

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