Saudi Aramco IPO work to be complete in H2: Nasser

08/03/2018 Argaam

 

All work related to Saudi Aramco’s initial public offering (IPO) will be completed in the second half of 2018, Reuters reported, citing CEO Amin Nasser.

 

The decision on the listing venue,and the rest “is a job for the shareholder," Nasser added, speaking at a conference in london.

 

Saudi Crown Prince Mohammed bin Salman started on Wednesday a trip to the UK and the United States, during which a decision on the company’s listing could be taken.

 

London and New York are currently seen as the frontrunners to host the international leg of the IPO, alongside a listing on the Saudi bourse.

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