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Thursday, 26 October 2017

Also making news on 26 October 2017

Also making news this morning:

  • Carlyle co-founders David Rubenstein and William Conway are handing over theday-to-day running of the firm they helped found over to a “younger generation.” The firm is the first of the big global PE outfits to do so. CNBC and the NYT’s DealBook have more.
  • NYSE and LSE can kiss a piece of Aramco goodbye. “The head of Saudi Arabia’s stock exchange has said the Tadawul is pushing to be the “exclusive” venue for the initial public offering of state-owned oil company Saudi Aramco, raising questions about the status of any international listing for what has been billed as the biggest IPO in history,” the Financial Times reports.
  • Reuters is trying to make it look as if Qatar cooperating with the US on terrorism sanctions could somehow be a sign of easing tensions between the Statelet and its GCC allies

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