Less than a minute
106 words
5 views
The Aramco IPO has become a headache for many investors having been delayed yet again this week. Banks are now worried that it will be delayed until the end of 2019, which would have a knock-on effect in the financial world as the banks would have been counting on the earnings that the IPO was expected to bring. At the same time, there are no clear signs of the IPO being called off altogether. The very positive statements made by Russian officials, such as Kirill Dmitriev, the chief executive of the Russian Direct Investment Fund (RDIF) during…
Read more https://oilprice.com/Energy/Energy-General/Is-This-The-End-Of-The-Aramco-IPO.html