Saudi Aramco plans 3-way listing in New York, London and Hong Kong - CNBC

According to the U.K.'s Telegraph newspaper who cited sources close to the matter, Saudi Arabia is hoping to lure ExxonMobil, China's Sinopec and BP into buying stakes of state-run oil company Aramco, when it sells 5% of its equity.

The report – published on Monday – said the country is planning a three-way listing in London, Hong Kong, and New York. The sale of Aramco is planned as soon as 2017 or 2018 and would in theory be five times larger than any initial public offering (IPO) in history.