Saudi Aramco IPO Called Off: Reuters Reports - Bloomberg:
Saudi Arabia has called off both the domestic and international stock listing of state oil giant Saudi Aramco and disbanded advisers, Reuters reports, citing four unidentified industry sources.
"The decision to call off the IPO was taken some time ago, but no-one can disclose this, so statements are gradually going that way - first delay then calling off," an unidentified Saudi source told Reuters.
Saudi Aramco didn’t immediately respond to an emailed request for comment from Reuters.
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