Glencore 's Main Listing Possible Relocation to U.S. Revealed by Deutsche Bank

Tuesday, 2 April 2024, 23:27

Deutsche Bank reports that Glencore may relocate its primary listing to New York from London due to a lack of shareholder backing for its coal business spinoff. This potential shift marks significant strategic planning for the multinational commodity trading and mining company.
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Glencore 's Main Listing Possible Relocation to U.S. Revealed by Deutsche Bank

Glencore's Potential Move to U.S. Listing

Deutsche Bank has revealed that Glencore is considering relocating its main listing to New York from London.

Shareholder Support Weighs Heavily

Deutsche Bank states that the lack of shareholder backing for a coal business spinoff is a key factor in this potential relocation.

  • This strategic move could have a major impact on Glencore's market presence.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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