Friday 1 November 2019

#Saudi Crown Prince approves kick-off of Aramco IPO on Sunday: sources - Reuters

Saudi Crown Prince approves kick-off of Aramco IPO on Sunday: sources - Reuters:

Saudi Arabia’s Crown Prince Mohammed bin Salman on Friday agreed that the initial public offering of state oil giant Aramco will be announced on Sunday, five sources familiar with the matter told Reuters.

The world’s top oil company will announce its intention to float (ITF) on Nov. 3, the sources said.

“The crown prince finally gave the green light,” one source said.

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