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Saudi Aramco delays planned IPO

Other News Materials 17 October 2019 22:26 (UTC +04:00)
Saudi Aramco has delayed the planned launch of its initial public offering, the Financial Times reported on Thursday, citing three people familiar with the matter
Saudi Aramco delays planned IPO

Saudi Aramco has delayed the planned launch of its initial public offering, the Financial Times reported on Thursday, citing three people familiar with the matter, reports Trend referring to Reuters.

Saudi Aramco wanted to wait until it could provide clarity on its most recent quarterly earnings following attacks on Saudi infrastructure last month that temporarily halved production, the report said.

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