Saudi’s strategic needs may trump $2tr urge for Aramco

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Saudi’s strategic needs may trump $2tr urge for Aramco

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Saudi Crown Prince Mohammed bin Salman (also known as MBS) leaves for an international tour, the first since the "Kashoggi" affair, at Riyadh airport, Saudi Arabia on November 23, 2018. Photo by Balkis Press/ABACAPRESS.COM | Balkis Press/ABACA/ABACA/PA Images

Saudi Arabia is gathering feedback on how investors see the value of its unique oil company, Aramco, through an army of investment banks. It will have to choose between two priorities: pushing for the crown prince's cherished $2tr valuation or the potentially bigger prize of attracting a wide range of international investors, writes Sam Kerr.

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