Aramco Plans Two-Part Saudi Listing to Expedite IPO

Saudi Arabia is planning a two-part listing of Saudi Arabian Oil Co. on its domestic stock market to ensure that the exchange can easily absorb what would be the kingdom’s largest initial public offering, according to advisers familiar with the process. Aramco, as the national oil giant is usually known, is considering a 1% offering of the company this year and another 1% next year on the local market,  the advisers said, as the government seeks to accelerate a centerpiece of Crown Prince Mohammed bin Salman’s economic reform…

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