Smart to maneuver main itemizing to U.S. in blow to London inventory trade

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The Smart brand displayed on a smartphone display.

Pavlo Gonchar | SOPA Pictures | LightRocket by way of Getty Pictures

British cash switch agency Smart on Thursday stated that it plans to maneuver its main itemizing location to the U.S., dealing a contemporary blow to the London inventory trade.

Smart stated in its full-year earnings assertion that it’s going to transfer to a twin itemizing, with its most important itemizing hub shifting to the U.S. whereas sustaining a secondary itemizing in London.

“This might permit Smart’s shares to commerce on each a US inventory trade and the LSE,” Smart stated in its earnings announcement.

It is a creating information story and shall be up to date shortly.



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