Saudi Aramco delays planned IPO to allow for earnings update: sources

Source: Reuters DUBAI/RIYADH (Reuters) – Saudi Aramco (IPO-ARMO.SE) has delayed the planned launch of its initial public offering (IPO), as the giant oil company wants to update investors with its latest earnings before proceeding, two sources familiar with the matter said on Thursday. The world’s largest oil firm was to announce plans next week to float a 1% to 2%[Read More...]

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