Saudi Aramco starts on global listing move

Pedro Gonçalves
clock • 1 min read

Saudi Aramco is starting early preparations for an international listing, with the oil giant reviving talks with institutions to work out a roadmap. The world's largest publicly traded company is in discussions with Wall Street banks to draw up scenarios for a second listing overseas, according to Bloomberg. This is just months after the oil giant turned its record initial public offering into a domestic affair and sidelined global banks. Aramco wants to be ready to move ahead if Saudi Arabia's crown prince Mohammed bin Salman gives the go-ahead to proceed with the plans, sources told...

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