Saudi Aramco, the world’s largest oil company, took another step on its lengthy path to a stock market listing on Saturday, saying that it would announce a final price for its shares on Dec. 5, with trading expected to start in mid-December.

The company’s 658-page prospectus was released a week after Aramco formally announced plans to sell shares on the local Saudi stock exchange known as the Tadawul.

The initial public offering by Aramco, probably the most world’s most profitable company, may wind up being the largest ever, exceeding the nearly $22 billion raised by Alibaba, the Chinese e-commerce giant, in 2014. But it still may fall short of the expectations raised by Crown Prince Mohammed bin Salman when he first announced his plans

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