Resist the ‘myths’ of New York, London Stock Exchange warns UK firms - News Summed Up

Resist the ‘myths’ of New York, London Stock Exchange warns UK firms


The London Stock Exchange is stepping up its campaign to stop companies listing their shares in New York by lobbying firms on the “myths” surrounding the US market. In a detailed analysis being sent to bankers and prospective candidates for initial public offerings (IPOs) and seen by The Sunday Times, the LSE sets out some of the risks that companies face when opting for New York instead of London — from increased exposure to litigation, to higher fees. Its attempt to woo companies to London comes with several major listings up for grabs, including the flotation of Singapore-based fast-fashion retailer Shein, and Verisure, the £20 billion security business owned by the private equity firm Hellman & Friedman. The New York Stock Exchange has a less diverse range of investors, the LSE says JEENAH MOON/REUTERSLondon recently lost out to Amsterdam for the


Source: The Times March 22, 2025 20:59 UTC



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