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Friday, 17 February 2017

Hurdles mount for Saudi Aramco IPO - Saudi Aramco (Private:ARMCO) | Seeking Alpha

Hurdles mount for Saudi Aramco IPO - Saudi Aramco (Private:ARMCO) | Seeking Alpha:

"Complications restructuring Saudi Arabia’s state-owned oil company and disentangling its finances from those of the government are slowing the march toward what is expected to be the biggest IPO in history. The hotly anticipated listing of a minority stake in Saudi Aramco (Private:ARMCO) is now unlikely to happen until late 2018 at the earliest, WSJ reports, and if foreign advisers have their way, it won't happen until 2019."



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