Going public for a company means first of all to be able to raise fresh capital. But IPOs can end in disaster, too.
IPOs, or initial public offerings, turns private companies into public entities accountable to shareholders. This page collates the latest DW content on the topic.
Saudi Arabia's state oil company Saudi Aramco has officially begun trading on its domestic stock market. In its IPO last week, Aramco raised over $25 billion dollars, giving it a valuation of $1.7 trillion. That comfortably makes it the most valuable publicly listed company in the world. However, that's not enough for the Kingdom which remains determined to have a $2 trillion valuation.