(Bloomberg) -- Saudi Arabia has called off both the domestic and international stock listing of state oil giant Saudi Aramco and disbanded advisers, Reuters reports, citing four unidentified industry sources.
ADVERTISEMENT
- "The decision to call off the IPO was taken some time ago, but no-one can disclose this, so statements are gradually going that way - first delay then calling off," an unidentified Saudi source told Reuters.
- Saudi Aramco didn’t immediately respond to an emailed request for comment from Reuters.
ADVERTISEMENT
©2018 Bloomberg L.P.