Riyadh, NYSE in talks over Aramco IPO

New Straits Times - - Business -

WASHINGTON: Saudi Ara­bia was hav­ing “se­ri­ous dis­cus­sions” with the New York Stock Ex­change (NYSE) about hav­ing the NYSE as one of the ex­changes for state oil gi­ant Saudi Aramco’s ini­tial public of­fer­ing (IPO), the Saudi for­eign min­is­ter told Fox News on Thurs­day. “Our ob­jec­tive is to try to com­plete the IPO in 2018. There are dis­cus­sions about hav­ing NYSE be one of the ex­changes for the Aramco IPO, and I be­lieve the de­ci­sion will be made on fi­nan­cial mer­its,” said Adel alJubeir. Agen­cies

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