Saudi Aramco to delay initial public offering: Source

Saudi Aramco to delay initial public offering: Source

Saudi Aramco plans to push back its initial public offering, which had been expected to be launched next week, a person familiar with the situation said Thursday. The move could delay stock market trading of the oil giant to December or January instead of November, the person said. Sources had told AFP in mid-September that the IPO could be pushed back after an attack on Saudi oil facilities curtailed output.

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