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Trump Pushes for Record-Setting Saudi Aramco I.P.O. in U.S.

2017-11-05 1 Dailymotion

Trump Pushes for Record-Setting Saudi Aramco I.P.O. in U.S.<br />Though Saudi officials have expressed support for choosing the New York market, which is considered to have the deepest pool of investor capital in the world, analysts say<br />that an American listing could expose the Saudi government to lawsuits as well as stricter corporate regulations.<br />LONDON — Stock markets around the world have been fighting hard for the chance to handle the<br />stock market listing of Aramco, the giant oil company owned by the Saudi Arabian government.<br />At a conference hosted by the Saudi government last month, Aramco officials said<br />that they were still on track to take their company public in the second half of 2018.<br />In a tweet, Mr. Trump urged Saudi Arabia to pick the Big Board as the international venue for the initial public offering of Aramco.

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