• Home
  • Despite Anticipated Setbacks to Aramco Offering, Saudi IPO Planning Goes Forward
According to Reuters, an Aramco pre-IPO meeting with analysts will still go ahead as planned despite last weekend’s attack on oil facilities. The attack on the Saudi oil facilities might highlight the potential vulnerability of its key infrastructure and raises questions over the appropriate level of risk to be factored in the valuation. The state-owed company continues to prepare for a local IPO, which the sources said may happen as early as November.

Despite Anticipated Setbacks to Aramco Offering, Saudi IPO Planning Goes Forward

According to Reuters, an Aramco pre-IPO meeting with analysts will still go ahead as planned despite last weekend’s attack on oil facilities.

The attack on the Saudi oil facilities might highlight the potential vulnerability of its key infrastructure and raises questions over the appropriate level of risk to be factored in the valuation.

The state-owed company continues to prepare for a local IPO, which the sources said may happen as early as November.

Subscribe
Subscribe to Receive Latest Updates from GIF.