Decisions pending: A section of Saudi Aramco’s Manifa oilfield. While the Saudi government has insisted the original IPO timetable stays on track, several important decisions have yet to be taken, such as the location for the international listing. — Reuters
Saudi likely to delay international sale but list domestic portion next year
LONDON: Saudi Arabia is considering delaying the international portion of the giant initial public offering (IPO) of its state oil company until at least 2019, according to sources, who said a domestic share sale in Riyadh could still happen next year.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
