Cobalt Holdings Announces London Stock Exchange IPO ...Middle East

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Cobalt Holdings Announces London Stock Exchange IPO
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Cobalt Holdings plc, a company created primarily to purchase and hold physical cobalt, announced on Monday an intention to float on the London Stock Exchange, with commodity miner and trader Glencore acting as one of its cornerstone investors.   Cobalt Holdings plc intends to raise approximately $230 million through its Global Offer and the possible admission of its ordinary shares to trading on the Main Market for listed securities of the London Stock Exchange. The admission is expected to occur in June 2025. Glencore International AG…

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