May's Pitch for Aramco Listing Dominated Post-Brexit Saudi Trip
- London Stock Exchange CEO joined May in Saudi to woo officials
- Aramco is considering listing venues in the U.S., U.K., Asia
NBAD's Yasin Says Low Aramco Valuations May Delay IPO
This article is for subscribers only.
U.K. Prime Minister Theresa May headed to Saudi Arabia with this clear goal: convince Saudi Aramco to pick London for its initial public offering as she seeks to promote Britain as a financial center after Brexit.
May met Energy Minister Khalid Al-Falih, who also heads state-owned Saudi Arabian Oil Co., according to a U.K. government official, who asked not to be named. London Stock Exchange Group Plc Chief Executive Officer Xavier Rolet was also present at the meeting on Tuesday.