British American Tobacco Asked By Shareholder to Move Switch London Listing to US, FT Reports
16 Março 2023 - 4:33AM
Dow Jones News
--British American Tobacco PLC has been asked by GQG Partners,
one of its major shareholders, to move its primary listing to New
York, the Financial Times reports, citing Rajiv Jain, founder of
the U.S. investment firm.
--Mr. Rain said it makes "no sense" for the cigarette maker to
remain listed in the U.K. given that its core ownership base has
disappeared and due to its U.S.-centric nature, according to the
FT.
Full story: https://on.ft.com/42k4xBV
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
March 16, 2023 03:18 ET (07:18 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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