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Saudi Aramco denies shelving international IPO
Published Sun, Oct 15, 2017 · 09:50 PM
Riyadh
SAUDI Aramco has dismissed reports that it is considering shelving plans for an international listing, with the state-owned oil giant saying it is on track for next year.
London's Financial Times reported last Friday that the company was in favour of a private stake sale to foreign governments, including China, and other investors amid concerns over the feasibility of an international listing.
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