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Saudi Aramco IPO ‘Unlikely’ This Year, As Attacks Derail Plans: Sources

But who knows, anything is possible...

But who knows, anything is possible...
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1 comment on “Saudi Aramco IPO ‘Unlikely’ This Year, As Attacks Derail Plans: Sources

  1. The Aramco IPO may offer us some great entertainment value. Right now, the Saudis can tell us anything that suits their needs about how soon production will come back online. For many years, they have operated in an environment where there were no consequences if they were untruthful. And they could make production decisions based upon political factors. Once Aramco becomes a reporting company, the executives will have to get used to the idea that false statement will draw the attention of shareholders, if not the SEC. Changing production in response to sovereign goals may not align with minority shareholder interests. The transition may not be that easy.

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