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Questions for regulators, as bourses battle to host Aramco
Saudi Aramco continues to inch towards its planned initial public offering (IPO), fuelling an intense battle among stock markets worldwide who hope to act as its host. This is leading to some pointed questions to market regulators about just how far they are willing to bend to accommodate the oil giant and what is expected to be the global markets’ biggest ever IPO. A Bloomberg report on 13 September suggested Aramco’s market debut could be delayed until early 2019.
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