Saudi Crown Prince: Aramco To Sell More Shares To Public

Saudi Arabia’s oil giant Aramco, the world’s largest oil company by production and market capitalization, plans more share offerings to the public in coming years, Saudi Crown Prince Mohammed bin Salman said on Thursday. “There are going to be IPOs by Aramco in the following years,” Bloomberg quoted the crown prince as saying at the Future Investment Initiative conference in Saudi Arabia’s capital Riyadh. The prince, however, did not give any details either about the timing of the new share sales or on which markets…