Ashtead plans to move listing to New York in fresh blow to London

Construction equipment group generates most of its profits in North America

Topics

The London Stock Exchange suffers another loss to the U.S.

The FTSE 100 equipment rental company said moving its primary listing to the U.S. increase it exposure to investors and allow for its inclusion in “premier U.S. equity indices.”
MarketWatch - 1d
Blow for UK as equipment giant Ashtead chooses US

The building equipment rental firm joins others who have moved to the US from London.
BBC News - 1d
Ashtead to Move Listing to U.S., Cuts Guidance

The equipment rental company cited commercial construction dynamics in the U.S. for lowering its guidance and said the country is its natural long-term listing venue.
The Wall Street Journal - 1d
New York Taxpayers Could Get Refunds of Up to $500 Under Hochul Plan

The proposal, which Gov. Kathy Hochul intends to include in next year’s state budget, would send $3 billion in refunds to roughly 8.6 million New Yorkers.
The New York Times - 2d
As ‘The Michael Kay Show’ Moves Off Afternoons, a New York Radio Era Ends

Kay, the star of the program, is not leaving the airwaves entirely.
The New York Times - 5d
Paul Newman and Joanne Woodward’s New York Penthouse Is Listed for $9.95 Million

The celebrated couple bought the co-op overlooking Central Park in the early 1980s and used it as a pied-à-terre — and for big, splashy parties.
The New York Times - 5d
New York City Approves a Plan to Create 80,000 New Homes

The City Council passed a major housing plan known as “City of Yes.” Experts and elected officials say it is only a first step to address the housing crisis.
The New York Times - 6d
UK regulator opens door to Shein London listing

Financial Conduct Authority values disclosure over ‘corporate behaviour’, says Nikhil Rathi
Financial Times - Dec. 3