November 1, 2019 / 8:33 PM / 19 days ago

Saudi Crown Prince approves Aramco IPO intention to float for Sunday -sources

DUBAI/RIYADH, Nov 2 (Reuters) - Saudi Arabia’s Crown Prince Mohammed bin Salman approved on Friday the go ahead of the initial public offering of state oil giant Aramco, five sources familiar with the matter told Reuters.

Aramco is expected to announce its intention to float (ITF) on Sunday, the sources said. (Reporting by Hadeel Al Sayegh and Marwa Rashad and Rania El Gamal Editing by Chris Reese)

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