Less than a minute
98 words
5 views
The board of directors of Saudi Aramco could give the final approval to what would be the world’s largest initial public offering (IPO) ever as soon as next week, Bloomberg reported on Thursday, citing people with knowledge of the plans. Aramco’s board has tentatively planned a meeting with the advisers to the listing around October 17 to review market conditions and feedback from a roadshow ending this week for seeking interest from possible anchor investors in the IPO, before approving the share sale, Bloomberg’s sources said.…