Irish Building Materials Giant Prepares for Wall Street Listing with Shareholder Approval

Next week is important for the Irish building materials giant. It is indeed in the very next few days that the way will open for the company, towards a listing on Wall Street, on the occasion of the holding of a general meeting of shareholders which must validate this project, whose main motivation is to benefit from the higher capitalization multiples granted to stocks in the sector in the United States.

This extraordinary general meeting will be held on June 8 and the planned listing is for the NYSE. The required approval threshold is at least 75% of voting members. In a note published on this subject, Stifel analysts understand that the two main independent firms, ISS and Glass Lewis, are in favor of the operation, which constitutes support and the project should therefore be approved, barring a huge surprise.

2023-06-02 09:40:06
#straight #line #CRH #upcoming #listing #York

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