Aramco IPO venue in the balance as Saudi prince embarks on trip | ZAWYA MENA Edition:
"Saudi Crown Prince Mohammed bin Salman's upcoming trip to Britain and the United States could shape the decision on where to list oil giant Aramco, at a time when sources say the chances of London and New York hosting the IPO appear to be receding.
The two leading financial centres have long been the clear frontrunners to host the international leg of the flotation, alongside a Riyadh listing.
Yet this may no longer be the case as Hong Kong is emerging as an increasingly likely compromise because Riyadh wants to help Asian nations that are expected to become "cornerstone" investors, including China and Japan, according to two sources familiar with the matter."
'via Blog this'
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