Aramco confirms IPO on track for 2018 - The National:
"Saudi Aramco, the world’s largest energy company, has confirmed its record-breaking public listing is on track for next year, dismissing media reports it was considering abandoning the process.
The Financial Times reported on Friday that Aramco was considering “shelving” its 2018 listing of approximately 5 per cent of its shares, a sale that is expected to raise about US100 billion, in favour of a private placement to sovereign wealth funds and institutional investors.
“[The] FT report on Saudi Aramco IPO is entirely speculative,” the company said in a statement on Twitter on Sunday."
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