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Aramco pits London against New York as Saudis decide on IPO venue

Thursday, August 3, 2017 - 05:50

Dubai

SAUDI Arabia aims to sell about 5 per cent of Saudi Aramco in an initial public offering next year, and stock exchanges from the UK to Japan are vying for what may be the world's richest IPO.

The Saudi crown prince Mohammed bin Salman will soon decide where to sell the

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