Monday, December 23, 2024

LSE Has Strong Case for Aramco IPO - UK PM

Posted by November 6, 2017

The London Stock Exchange has made a "very strong case" for oil company Saudi Aramco to lists its shares in Britain, a spokesman for Prime Minister Theresa May said on Monday after President Donald Trump urged the king of Saudi Arabia to list in New York.
 

"Obviously there are lots of big stock exchanges which have an interest in Aramco including the London Stock Exchange which we believe has made a very strong case for it being based here," the spokesman told reporters.

 

Reporting by Elizabeth Piper 

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