Saudi energy giant Aramco is ready for a two-stage IPO but the timing is up to the government, its chief executive said on Tuesday, flagging a possible foreign listing as part of the giant offering.
Aramco is “ready” for the IPO but the timing is a “government decision”, Amin Nasser told reporters on the sidelines of the World Energy Congress. .
“One of the primary listings is going to be local but we are also ready for listing outside.”
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.