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Japanese companies likely to spurn Saudi Aramco IPO: JXTG president

Reuters Friday, 8 November 2019
Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world's biggest oil company, the head of Japan's largest refiner said on Friday.
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Credit: Al Jazeera STUDIO - Published < > Embed
News video: Aramco IPO expected to lean on Saudi investors and China

Aramco IPO expected to lean on Saudi investors and China 03:06

As Saudi Arabia gears up to sell shares in its national oil company - questions remain about how much it is really worth.

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