London Stock Exchange loses firms to US due to valuation gap, causing UK-listed companies to relocate.
The London Stock Exchange (LSE) is losing prominent companies to the US, with a sharp decline in shares traded and UK firms relocating. The gap in valuation between UK and US stock exchanges is causing suppressed market value for UK-listed firms, leading them to seek better opportunities. LSE-listed companies like Abcam, Ferguson, and Smurfit Kappa Group have moved to the US since 2020.
April 23, 2024
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