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The world’s biggest IPO might be limited to its 25th-largest stock exchange

The world’s biggest IPO might be limited to its 25th-largest stock exchange

For the past two years, there’s has been a behind-the-scenes battle rumbling between New York, London, and Hong Kong to secure the public listing of Saudi Aramco, the world’s largest oil company. In what promises to be a blockbuster IPO, the company would fetch a valuation as high as $2 trillion. (Apple, which is currently…