Political uncertainty puts London listing for #Saudi Aramco in doubt | Business | The Guardian

Political uncertainty puts London listing for Saudi Aramco in doubt | Business | The Guardian:

Saudi Arabia’s revived plans for a $2tn mega-listing of its state oil company may rule out the London Stock Exchange amid Britain’s rising political uncertainty, according to reports.

Saudi Aramco, the world’s most profitable company, may instead look to Japan’s Tokyo stock exchange to host the second phase of what would be the biggest public offering in history.

The oil giant’s advisers had originally favoured an international stock market debut in either London or Hong Kong but political instability has reduced their appeal, according to the Wall Street Journal.