Saudi consider delaying Aramco IPO

Saudi consider delaying Aramco IPO

Officials in Saudi Arabia are contemplating a delay in Aramco’s IPO as the recent attacks on the company’s oil facilities have drastically reduced their output. The company is expected to move forward with presentations to analysts and meetings with bankers as planned. However, reports suggest a rescheduling of the IPO until after the company fully restores its production to normal levels.

KCooper
KCooper
porcus
porcus 6 months

It was, after all, just a 5% drop...

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