May Vies With Trump for Aramco Listing - Bloomberg:
"U.K. Prime Minister Theresa May said London is “extremely well-placed’’ to win a planned stock exchange listing by Saudi Arabia Oil Co., as she competes against U.S. President Donald Trump for the coveted initial share sale by the world’s largest crude producer. The company, known as Aramco, is mulling an international sale in addition to a listing on the Saudi exchange. Trump earlier this month tweeted his hope that the Saudis would use a U.S. exchange, before lobbying Saudi King Salman personally on a phone call. “I think London is extremely well-placed’’ to secure the listing, May told reporters on the plane when asked how confident she was that London would secure the share sale. That’s “not only for its importance as an international financial center, it’s also technically well-placed in relation to Aramco.’’"
'via Blog this'
No comments:
Post a Comment