Aramco tax cut lifts company's value by $1 trillion, analyst estimates

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DUBAI (Reuters) – Saudi Arabia’s decision to cut tax paid by national oil giant Saudi Aramco has increased its value by $1 trillion, an analyst estimated on Tuesday ahead of Aramco’s initial public offer of shares, expected to be the world’s largest.

Source:: Aramco tax cut lifts company's value by $1 trillion, analyst estimates

      

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