Following an FT report from Friday, Saudi Aramco tweeted on Saturday that it had no intention of shelving its plan for an initial public offering in 2018. The company called the FT report “entirely speculative”. The FT on Friday quoted sources as saying the Saudi state energy company was considering foregoing a foreign listing, and instead opting for a private share sale in addition to the home-bourse listing. Talks with private investors and sovereign wealth funds have picked up in recent weeks, according to Financial Times sources. Private sales discussions have included the government of China. This is the second media report about Aramco’s much-hyped IPO that the company has been quick to reject. Last month, sources told Bloomberg the Saudi government had come up with contingency plans for a possible delay . The sources didn’t go into detail about what the drivers behind the delay could be. A […]