JOURNAL ARTICLE

Glencore Weighs Becoming Next Commodity Giant to Quit London.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Biesheuvel, Thomas; Griffiths, Dylan; Cerqueiro, Pablo Mayo 3 of 3

Abstract

Glencore Plc is considering moving its primary listing away from London to potentially achieve better valuation for its stock. This move follows a trend of major companies, such as Shell and Rio Tinto, considering exits from London in favor of the US market. Glencore's review is not influenced by the new US administration's stance on fossil fuels, but the US is a leading candidate for relocation. London has already lost 25% of its companies in the past decade, and Glencore's potential departure could further impact the city's stock market. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/02, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:183134379
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