TP ICAP is considering ditching London’s stock exchange for a place across the pond for its data business Parameta Solutions, marking the latest in a flurry of companies that have flirted with a transatlantic relisting.
In weighing up its potential home for a Parameta Solutions IPO, the FTSE 250 company explained in its half-year results that the need for better liquidity could be a factor that could swing the decision. "We are progressing strategic options in relation to Parameta Solutions, as previously announced. They include a potential offering, which might entail a listing in the United States, with the group maintaining a majority stake," said Nicolas Breteau, group CEO of TP ICAP. Superdry proposes delisting from London Stock Exchange as part of turnaround plan The leading over-the-count...
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