Marsh & McLennan Companies, Inc. Gives Notice Of Intention to Delist From the London Stock Exchange
Portfolio Pulse from Benzinga Newsdesk
Marsh & McLennan Companies, Inc. has announced its intention to delist from the London Stock Exchange due to the majority of its trading occurring on the New York Stock Exchange and the costs and administrative burden of maintaining the London listing. The delisting is expected to have limited impact for shareholders who hold their shares on the New York Stock Exchange.
October 27, 2023 | 8:02 pm
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NEUTRAL IMPACT
Marsh & McLennan's decision to delist from the London Stock Exchange is unlikely to have a significant impact on its stock price in the short term, as the majority of its trading occurs on the New York Stock Exchange.
The company's decision to delist from the London Stock Exchange is based on the fact that the majority of its trading occurs on the New York Stock Exchange. This suggests that the impact on the company's stock price will be limited, as the majority of its trading will continue to occur on its primary exchange. Furthermore, the company has stated that the impact on shareholders who hold their shares on the New York Stock Exchange will be limited.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100