Reported 2 days ago
Glencore Plc is evaluating the possibility of shifting its primary stock listing away from London, joining other major companies that are leaving the city in search of better capital opportunities in the US. CEO Gary Nagle indicated that the move aims to achieve optimal stock valuation and highlighted that London’s status as a global hub for mining companies is being questioned. The potential exit would mark another loss for London's stock market, which has seen a significant decline in companies over the past decade.
Source: YAHOO