Saudi Arabia explores dual listing, traded fund for Aramco IPO

Saudi Arabia explores dual listing, traded fund for Aramco IPO

Khalid Al-Falih, President and CEO of Saudi Aramco speaks at the CERAWEEK energy future conference in Houston March 5, 2013. REUTERS/RICHARD CARSON

Saudi Arabia is considering a dual listing as a way to reach investors beyond the local stock market for the sale of shares in state-owned oil giant Aramco, which could be the world’s largest initial public offering, the kingdom’s deputy crown prince said.

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