Saudi oil firm Aramco could delay IPO after attacks: Sources

New York, September 16

Saudi authorities are considering whether to delay an IPO for oil giant Aramco after this weekend's attack on its oil facilities shut down a major chunk of global production, people with knowledge of the matter said.

"They're in the process of assessing the damage. It's a possibility but it's still very early," said one of the persons who spoke on condition of anonymity.

Aramco had planned to debut in November on a local stock market before listing on an international one next year, sources had told AFP last week. — AFP

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