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British officials have reported postponing Aramco's bid until 2019
13/3/2018 12:00 am [rtl]Saudi officials told their British counterparts that Aramco's initial public offering is likely to be postponed until 2019. According to the report, citing sources, the Saudi government was targeting Aramco by the second half of 2018, but the willingness to bid and also the willingness to list In a foreign exchange simultaneously or later were discussed. London still has a good chance of securing listing, which will put the company at $ 2 trillion, but the paper's report said listing the company on a foreign exchange is likely to take place only in 2019 at the earliest . New York and London top the list of bourses bidding to host the international segment of Aramco's first public offering and listing on the Saudi bourse . Saudi Energy Minister Khalid al-Faleh said in an interview with CNN last week that he had concerns about the risks Aramco might face if it chose the New York Stock Exchange as a $ 100 billion site. It is expected to sell about five percent of the state-run oil company in what will probably be the largest IPO in the world.[/rtl] [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=154115[/rtl] |
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