Saudi Arabia’s government is set to officially endorse this week plans to list shares in oil giant Aramco in what would be the world’s largest initial public offering (IPO) ever, the Financial Times reports , quoting people familiar with the plans. After the government approval, Aramco’s board is expected to approve the IPO plan before the official announcement of the intention to list expected for October 20, FT’s sources said. The Saudis are reportedly looking to list as much as 3 percent of the world’s largest oil company on the domestic stock exchange, Tadawul, as soon as next month. Aramco’s board of directors could give the final approval to the IPO as soon as this week, Bloomberg reported last week, citing people with knowledge of the plans. Aramco’s board has tentatively planned a meeting with the advisers to the listing around October 17 to review market conditions and feedback […]