Saudi Aramco Postpones Greatly Anticipated IPO

Posted on 10/19/2019


Saudi Arabia’s state-owned oil company, widely known as Saudi Aramco, will be postponing its eagerly awaited initial public offering (IPO). In what would have topped Alibaba as the world’s biggest listing, the company has decided to pull back to late 2019 or early 2020. A Saudi official explained, “A few things needed to be fine […]