Aramco cancels IPO

Saudia Arabian state-owned oil company Aramco's listing is apparently being cancelled.
Photo: Hasan Jamali/AP/Polfoto/Arkiv
Photo: Hasan Jamali/AP/Polfoto/Arkiv

Saudi Arabian state-owned oil company Aramco, by financial observers estimated to be the world's most valuable company, has reportedly given up on its IPO plans, writes media bureau Reuters.

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