Aramco delays planned IPO launch, hopes Q3 results will boost investor sentiment

Aramco delays planned IPO launch, hopes Q3 results will boost investor sentiment

Visitors are seen at the Saudi Aramco stand at the Middle East Process Engineering Conference & Exhibition in Manama, Bahrain, October 9, 2016. REUTERS/Hamad I Mohammed

Saudi Aramco has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world’s largest oil firm, two sources familiar with the matter said on Thursday.

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