OPEN APP
Home >Companies >News >Saudi Aramco CEO says IPO will ‘certainly’ happen
Photo: Reuters
Photo: Reuters

Saudi Aramco CEO says IPO will ‘certainly’ happen

Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp.

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.

(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close
×
Edit Profile
My Reads Redeem a Gift Card Logout