Reuters: Aramco's historic IPO could take place in London

According to the news bureau Reuters, Saudi oil company Aramco could be listed in London. The IPO will mark the largest ever.

Photo: /ritzau/AP/Matt Dunham

The London Stock Exchange could be the site of the IPO from state-owned Saudi oil company Aramco, reports Reuters with reference to anonymous sources.

Aramco's advisors have recommended that the company choose the stock exchange in London, but it is also considering the possibility of also listing on the stock exchange in Riyadh, capital of Saudi Arabia.

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