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FinancialNews


  • 14-10-17

    'Range of options' considered by Saudi Aramco

    (MENAFN) Saudi Aramco is considering a "range of options" for a listing on stock markets but has not ruled out the possibility of a private sale of shares to global institutions and supreme wealth funds, according to them.

    Trade sale to Chinese investors could be the one potential alternative to an immediate listing on global stock exchange, Financial Time reported, saying that five people familiar with the initial public offering (IPO) plans.

    A spokesperson for Aramco refused to comment on a possible private deal with Chinese or other sovereign investors.

    MENAFN1410201700450000ID1095950026

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