A Sky News report on Friday is the latest source of speculation that the ATHEX-listed Mytilineos industrial conglomerate will trade on another bourse, with the UK media outlet claiming a forthcoming floatation on the London Stock Exchange (LSE).
According to the report, Mytilineos group has already selected two NYC investment banks, Citi and Morgan Stanley, for the London listing, which the it claims will come later in 2024.
Sky News quotes sources in London’s City as saying a possible LSE listing could propel Mytilineos into ‘blue chip’ trading.
At the same time, the media outlet said the metals, energy and industrial concern will continue trading shares on the Athens Stock Exchange (ATHEX).
According to Sky News, “…the company boasted revenues last year of over 5 billion euros, with EBITDA of over one billion euros…Employing more than 6,500 people globally, it has a presence in more than 40 countries, including Australia, Canada and Chile.”
