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Saudis look to sell 5% of oil firm

Arabian Oil IPO to pit London against N.Y. exchange

By Anthony DiPaola Bloomberg News

This article was published August 3, 2017 at 2:02 a.m.

Saudi Arabia aims to sell about 5 percent of Saudi Aramco in an initial public offering next year, and stock exchanges from the U.K. to Japan are vying for what may be the world's richest IPO.

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