The Traderszone Network

Published in TZ Latest News 13 October, 2017 by The TZ Newswire Staff

Saudi Aramco Reportedly Shelves IPO In "Face-Saving" Move

We noted a month ago that the long-awaited Saudi Aramco IPO, scheduled for mid-2018, could be delayed to 2019, but now, according to The FT, Aramco is considering shelving plans for an IPO altogether in favor of a private share sale to the world’s biggest sovereign wealth funds.

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