Markets Mohammed bin Salman oil OPEC saudi arabia saudi aramco Uncategorized

Saudi Arabia Calls Off ‘Zombie’ Aramco IPO

Turns out "black box" and "public company" aren't consistent with one another.

Turns out "black box" and "public company" aren't consistent with one another.
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4 comments on “Saudi Arabia Calls Off ‘Zombie’ Aramco IPO

  1. So Saudi Aramco shelved… buy Tesla and take it private, move the HQ to SA, have an IPO, pull the same trick but fast enough it works?

  2. Louis Desy

    I expected with oil prices sort of up for the moment that they would have rushed to market.

    Are they expecting oil to get over $100 anytime soon?

  3. Anonymous

    I think they weren’t prepared to disclose the required factual listing prospectus information, e.g. rapidly declining oil reserves, etc. Also, the Saudi royal family would lose too much of their current ‘de facto’ international political power.

  4. FC Norris

    The taxes were crazy & something about the ownership structure was very strange

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