Saudi Aramco IPO could be back on front burner, as company plans first ever investor call
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Summary
Even Madison Avenue...The success of Saudi Aramco's debt offering has given officials confidence that they can bring their IPO to market earlier than expected, sources said.Shares of pop culture collectible maker Funko jumped as much as 11% after the closing bell Thursday after the company posted a 38% increase in sales and raised its outlook for...J.C. Penney is at risk of delisting from the New York Stock Exchange, after shares of the company traded under $1 for a period of 30 consecutive business days.There's "more activity and support, public support now" for a commutation, a Blagojevich friend told CNBC. "A little bit more momentum."The success of Saudi Aramco's debt offering has given Saudi officials confidence that they can bring their IPO to market sometime in 2020, sources familiar with their thinking said.Saudi Aramco's board was meeting with bankers in Boston this week, and the IPO of the world's biggest oil company was on the agenda.
As said here by Patti Domm