October 29, 2019 / 6:20 AM / a month ago

Saudi Aramco targeting to kick off planned IPO on Nov. 3 -sources

DUBAI/RIYADH, Oct 29 (Reuters) - Saudi Aramco is targeting to kick off its initial public offering (IPO) on Nov. 3, three sources familiar with the matter told Reuters.

The state oil giant working is towards an announcement for the proposed float this Sunday, said the sources, who declined to be named due to commercial sensitivities.

Saudi Aramco was not immediately available for comment when contacted by Reuters on Tuesday. (Reporting by Hadeel Al Sayegh in Dubai, Saeed Azhar and Davide Barbuscia in Riyadh)

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