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Even though Saudi Arabia’s advisors are favoring
London over New York for the foreign venue to list Aramco
shares, Saudi Crown Prince Mohammad bin Salman and the Saudi
government are more inclined to favor New York for the world’s
largest IPO next year, Reuters reported on Friday, citing sources
familiar with the plans. Crown Prince Mohammad bin Salman—who is
overseeing Aramco’s listing plans—may pick New York over London due
to “political consideration”, in view of the long-standing
Saudi-U.S. relationship,…

Even though Saudi Arabia’s advisors are favoring
London over New York for the foreign venue to list Aramco
shares, Saudi Crown Prince Mohammad bin Salman and the Saudi
government are more inclined to favor New York for the world’s
largest IPO next year, Reuters reported on Friday, citing sources
familiar with the plans. Crown Prince Mohammad bin Salman—who is
overseeing Aramco’s listing plans—may pick New York over London due
to “political consideration”, in view of the long-standing
Saudi-U.S. relationship,…

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