(Adds detail on IPO value, meetings with Saudi officials)
TORONTO, Feb 8 (Reuters) - TMX Group X.TO , owner of the Toronto Stock Exchange, said on Wednesday that it is in talks with Saudi Arabia over the possibility of Saudi Aramco IPO-ARMO.SE listing in Canada.
The IPO, which Saudi officials expect to value the oil producer at a minimum of $2 trillion, is the centerpiece of a Saudi Arabian government plan to transform the economy by attracting foreign investment and diversifying away from oil.
TMX said the talks were part of efforts by a consortium of representatives from across Canada's capital markets to establish relationships with key business and government leaders in Saudi Arabia.
"As part of this unique, collaborative initiative, we are dedicating a portion of our effort toward attracting the Saudi Aramco IPO to TSX," Nick Thadaney, President and CEO, TMX Global Equity Capital Markets said in a statement emailed to Reuters.
TMX said its officials have been to Saudi Arabia on two occasions, last October and again last month, to meet with Saudi officials.