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Saudi Aramco IPO is exercise in reverse valuation

byCT Report
22/06/2017
in Latest News
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RIYADH: Saudi Aramco is expected to make a decision within weeks on where to list shares in its initial public offering, the Financial Times reported on June 4. The oil producer’s legal advisers have warned that a New York listing would pose the greatest risk of any jurisdiction, the FT said.

One alternative option is the London Stock Exchange, which has been considering the creation of a new type of listing that would accommodate Aramco’s governance structure.

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