Glencore could follow Ashtead and Flutter with a primary delisting from the UK markets
Glencore, a £40 billion mining giant, is evaluating the possibility of moving its primary stock market listing from the London Stock Exchange (LSE) to the United States, potentially marking the largest company to leave the LSE. The company, which primarily mines coal and copper, is considering exchanges like the New York Stock Exchange (NYSE) to ensure better valuation and trading opportunities. This move follows a trend where companies such as Flutter and Ashtead have shifted their primary listings to the US, highlighting concerns over valuation and regulations in the UK market.
