Does it really matter where the listing takes place? The more important question must be - given the negligable influence of public shareholders, the uncertainty over the future energy scenario and the huge political risk surrounding the Middle East region, including Saudi Arabia itself, can regulators allow this IPO to end up in the portfolios of savers and pensioners? Of course, the financial intermediaries and Saudi Arabia's oligarchy would laugh all the way to the bank!
http://www.marketwatch.com/story/saudi-aramco-2018-ipo-plans-slowed-over-where-to-list-2017-06-14
Last week, the website on SEC.gov that houses shareholder proposal
no-action letters was updated. To reflect the new process for the 2026
season, the share...
16 hours ago
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