Saudi Aramco shelves international investor roadshows

Saudi Aramco cancelled planned roadshows in Asia, the US and Europe in November, after a luke-warm reception from international investors for its long-awaited initial public offering (IPO).

Investors valued the state-owned company below the $2tn target set by Crown Prince Mohammed bin Salman.

Saudi Aramco is expected to now focus on marketing in the Middle East.

News Item details

Please login to save this item