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Thursday, 4 May 2017

Exclusive: London tries to lure Saudi Aramco with new listing structure - sources | Reuters

Exclusive: London tries to lure Saudi Aramco with new listing structure - sources | Reuters:

"The London Stock Exchange (LSE.L) is working on a new type of listing structure that would make it more attractive for oil giant Saudi Aramco to join the bourse, sources familiar with the discussions said.

Exchanges around the world are vying for a piece of Saudi Aramco's initial public offering (IPO), expected to be the largest in history. The company is expected to list on the Riyadh exchange, the Tadawul, and at least one major international stock market.

The LSE is seen as one of the front-runners to win part of the IPO and has been pushing hard to land it."



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