Saudi Aramco has postponed its planned IPO and wants to wait until it can provide investors with full information on its latest quarterly profit following two mid-month attacks that temporarily cut the kingdom's production, the Financial Times quoted informed sources as saying. .
"They want to do everything in their power to reach the target value," Reuters quoted an informed source as saying, adding that "strong results after the attack would put them in a stronger position," referring to the September 14 attacks.
Aramco is expected to officially announce next week its plan to launch its $ 20 billion IPO.