Magnesita hopes UK float will enhance capital access

• Autores: Laura Syrett
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 580, 2016 (Ejemplar dedicado a: Febrero)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The company said that the UK listing was a strategic move designed to expand Magnesita's market reach. "The change is good for Magnesita Group in geographic terms, since London is closer to markets that have a higher growth level and is concurrently positioned (...) with easy access to all of our main operational sites - in Brazil, the US, Germany and China," a company spokesperson told IM. "Furthermore, the LSE is one of the most prominent stock exchanges in the world, which will have a great impact in the liquidity of Magnesita International shares. Therefore, we will increase the visibility for foreign investors. The combination of a UK incorporated company, an LSE listing, and London headquarters is a very powerful representation of our international presence."