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Tuesday, December 19, 2017

Saudi Aramco’s backup IPO plan runs through China – Breakingviews

Saudi Aramco’s backup IPO plan runs through China – Breakingviews: Venue shopping is proving difficult for Saudi's national oil giant. London's listing rules - and Qatar’s investment in the LSE - will be hard to overcome. Legal risks make New York iffy. A Hong Kong float, supported by a pipeline of cash from China, may be the least-bad option.

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