Former Shell CEO Says New York Stock Exchange Benefits Oil Firms ...Middle East

Economy by : (OILPRICE) -
Oil majors listed in New York enjoy higher stock valuations and have friendlier investors and increased access to capital, Shell’s former CEO Ben van Beurden said on Tuesday, following media reports that Shell is considering shifting its listing from the London Stock Exchange (LSE) to the NYSE.    Shell is considering shifting its listing from London to New York, the Telegraph reported on Monday, citing the company’s CEO Wael Sawan. According to the UK daily newspaper, Shell is considering “all options”…

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