Saudi Aramco Considering Shelving Plans — Financial Times Report

by businessinsider.com posted 3years ago 171 views
The Financial Times is reporting that Saudi Aramco is "considering shelving plans for an international public offering. ": Amin H. Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), speaks at the China Development Forum in Beijing, China, March 19, 2017. Shu Zhang/Reuters The Financial Times' Anjli Raval, James Fontanella-Khan, Arash Massoudi, and Simeon Kerr report that the state-oil behemoth "is considering shelving plans for an international public offering in favour of a private share sale to the world's biggest sovereign wealth funds and institutional investors."

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