UK weighs new IPO rules for state firms


LONDON: The UK market regulator may change listing rules for companies controlled by a sovereign country as London woos Saudi Aramco, which is planning what could be the world’s largest initial public offering (IPO).

The Financial Conduct Authority (FCA) announced a consultation paper on a new category in its premium listing segment for state-owned businesses, proposing two key exceptions.

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Business , UK , listing , Saudi

   

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