Palliser Capital urges Rio Tinto to drop London listing, citing shareholder value benefits.

Palliser Capital, an activist investor holding a $250 million stake in Rio Tinto, is urging the mining giant to drop its primary London listing and unify under an Australian listing, similar to BHP's move in 2022. This push comes as several companies have shifted their main listings away from London. Palliser argues that this change would unlock value for shareholders, while Rio Tinto's CEO contends it would destroy shareholder value.

4 months ago
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