Singapore’s Temasek said to rule out investment in Aramco IPO

Singapore’s Temasek said to rule out investment in Aramco IPO

An employee walks past a sign for Temasek Holdings Pte at the company's offices in Singapore. Photographer: Munshi Ahmed/Bloomberg

Singapore’s Temasek Holdings Pte has decided against investing in Saudi Aramco’s initial public offering, in part over environmental concerns, according to people familiar with the matter.

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