Developments in Aramco's IPO
Aramco's IPO is crucial for Saudi Crown Prince Mohammed bin Salman's economic plan. Allegedly, "the listing of about 5 percent of the company could raise $100 billion," the largest in history, which explains the interests of exchanges.
New York or London are appealing for political reasons. However, disclosure requirements and the threat of litigation are perceived as unnecessary risks.
This #WRR explores these and other challenges. Some argue that the Prince's upcoming trip to the US and the UK is the final chapter of this story.
What do you think?
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Shared on March 6, 2018
Tags: Aramco, Saudi Arabia, IPO