VIDEO: Saudi Aramco CEO says to get ready for IPO in H2 2018, not 2019!

March 27, 2018 8:28 am

Saudi Arabian Oil Co. Chief Executive Officer Amin Nasser discusses the upcoming initial public offering (IPO) of the giant energy company Saudi Aramco, planned expansion in production capacity and competition in the oil production market.

He speaks with Bloomberg’s Jonathan Ferro on “Bloomberg Markets: European Close.

Is the IPO on for 2018, when reports kept saying that’s not going to happen?

Do investors have time to prepare for this massive 5% share sale, after putting it aside for now?


Read: Saudi Aramco IPO in serious trouble: NY out, London iffy and Tadawul risky

Read: Kuwait’s stock exchange outpacing Saudi Tadawul’s race to IPO bid


Hadi Khatib
By Hadi Khatib
Hadi Khatib is a business editor with more than 15 years' experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about it.