Flutter to Delist From London After 2-Year Shift to New York
Updated
Updated · Bloomberg · Jun 12
Flutter to Delist From London After 2-Year Shift to New York
3 articles · Updated · Bloomberg · Jun 12
Summary
Flutter said it will leave the London Stock Exchange roughly two years after moving its primary listing to New York, ending its secondary London presence.
The betting group said a review of UK share trading activity and the extra costs of maintaining the listing led it to conclude delisting best serves the company and shareholders.
The move adds to a broader pattern of international companies concentrating trading in the US, where they see deeper liquidity and stronger investor interest.