Thursday 10 May 2018

UPDATE 1-TMX CEO says it is still in the running for Saudi Aramco listing | Reuters

UPDATE 1-TMX CEO says it is still in the running for Saudi Aramco listing | Reuters:

"Canada’s TMX Group Ltd is still in discussions with Saudi Aramco to get the oil company to list on the Toronto Stock Exchange (TSX) as part of its highly anticipated initial public offering, expected to be the biggest IPO in history, TMX CEO Lou Eccleston said on Thursday.

Any slice of the Saudi Aramco IPO could raise TMX’s global profile and generate significant revenue. TMX has campaigned hard get Aramco to list on the TSX.

“I don’t think the door is ever closed,” Eccleston told Reuters in an interview on the sidelines of TMX’s annual general meeting in Toronto.

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