Saudi Aramco IPO gets $44.3 billion in bids so far - lead manager
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RIYADH (Reuters) - Saudi Aramco has received bids for its shares totalling $44.3 billion (34.5 billion pounds) so far, lead manager Samba Capital said on Friday, putting its initial public offering on track to be over-subscribed. The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals (19.9 billion pounds), a deal which would give it a market value of $1.7 trillion.Overall demand so far totals 1.7 times the amount of shares on offer, with..