ABU DHABI: Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will “certainly” happen when the conditions are right.
Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic) from the kingdom’s sovereign wealth fund, the Public Investment Fund, he said at a conference in Abu Dhabi.
Saudi Aramco CEO: Initial public offering will ‘certainly’ happen
Saudi Aramco CEO: Initial public offering will ‘certainly’ happen
![Saudi Aramco CEO: Initial public offering will ‘certainly’ happen Saudi Aramco CEO: Initial public offering will ‘certainly’ happen](https://wingday.site/sites/default/files/styles/n_670_395/public/main-image/2018/11/12/1366556-1408959931.jpg?itok=2QNY-FGd)
- IPO will happen when conditions are right
- Saudi Aramco still in discussions to buy a stake in Sabic