Aramco banks plough on with 2019 IPO plans despite attacks

By Sam Kerr
16 Sep 2019

Sources close to the listing of Saudi Aramco, the state-owned oil producer, have confirmed that they are working flat out to bring the Saudi company to market before the end of the year, despite attacks on its oil fields over the weekend.

On Saturday, drones attacked Saudi oil facilities, causing oil prices to spike and heightening political tensions in the region.

The attacks called into question whether Aramco could pursue an IPO this year.

But sources close to the deal confirmed to GlobalCapital on Monday that they are still working ...

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