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Saudi Arabia Favors New York For Aramco Listing

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News video: Saudi Arabia Favors New York For Aramco ListingAccording to sources familiar with the matter, Saudi Arabia favors New York for the main foreign listing of state oil giant Aramco. The sources said that Prince Mohammad may choose to list Aramco on the New York Stock Exchange for "political considerations." In a statement, Aramco said that no decision has been taken yet and "All options continue to be held under consideration." The final decision could be the world's largest initial public offering.

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Transcript: Saudi Arabia Favors New York For Aramco Listing

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WEDNESDAY, DEC. 21, 2016, FILE PHOTO



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