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Singapore's Temasek rules out investment in Saudi Aramco IPO

Singapore's Temasek Holdings has decided against investing in Saudi Aramco's initial public offering over environmental concerns, Bloomberg reported. The world's most-profitable company first flagged a public share sale in 2016 and is expected to list with a valuation of between $1.1trn to $2trn later this year.  Saudi Aramco has been…

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