May and LSE chief woo Saudi ministers for $2tn Aramco listing HomeNewsOffshore NewsMay and LSE chief woo Saudi ministers for $2tn Aramco listing

UK prime minister and London Stock Exchange boss seek to win flotation of state oil company, likely to be largest of all time

Theresa May and the London Stock Exchange chief executive, Xavier Rolet, have launched a charm offensive in Riyadh to woo Saudi ministers with the prospect of London hosting the upcoming flotation of Saudi state oil company Aramco, which is likely to be the largest of all time.

Rolet travelled to the Saudi capital independently of May and accompanied the prime minister to a meeting with Aramco’s chief executive Khalid Al-Falih, who is also the kingdom’s energy minister.

Related: Theresa May: building Saudi ties better than ‘sniping’ from sidelines

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