Saudi Aramco considers selling US$50-billion in shares, WSJ reports

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Saudi Aramco considers selling US$50-billion in shares, WSJ reports
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The Kingdom has decided to host any new Aramco offering on the Riyadh exchange to avoid legal risks associated with an international listing, the report said

Saudi Aramco did not immediately respond to a Reuters’ request for comment.

The sale could happen before the end of the year, the report said, adding that Aramco has been reaching out to potential investors, such as other multinational oil companies and sovereign-wealth funds, about participating in the deal.

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