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Deals Rumor Mill: Aramco, Goldman Sachs, Glencore

By Benjamin Horney (June 14, 2017, 7:27 PM EDT) -- The ruling family of Saudi Arabia and executives of state-owned oil giant Saudi Aramco are feuding over where the company's initial public offering should take place, The Wall Street Journal reported on Wednesday. According to the report, Aramco executives wish to list on the London Stock Exchange, but the country's ruling family prefers to list in the U.S. Aramco believes a U.S. listing would present greater legal risks. Reports in May said that a group of New York Stock Exchange representatives were planning to try to convince the company to choose its platform to go public. The offering is expected to be worth $100 billion....

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