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Arm delivers blow to London markets as more listings head to US
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fnlondon.comSome of Europe’s biggest companies are turning toward the US to list shares as they seek to fuel growth and attract a bigger pool of investors and acquisition targets — a blow to London’s stature as Europe’s preeminent financial centre post-Brexit.
Those leading the trend include SoftBank Group’s Arm. The Japanese conglomerate is eying a sole public listing of the UK chip giant in New York, perhaps later this year, according to people familiar with the matter.
Many...
Read more on fnlondon.comAbout this in other media
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