Glencore Plc plans to launch a secondary listing in Australia as soon as October to tap new investors via Australia’s A$4.4 trillion ($3.1 trillion) pension market. The move is aimed at expanding access to capital in a fast-growing retirement savings base, which should support investor interest but is unlikely to be a near-term earnings driver.
Glencore Plc plans to launch a secondary listing in Australia as soon as October to tap new investors via Australia’s A$4.4 trillion ($3.1 trillion) pension market. The move is aimed at expanding access to capital in a fast-growing retirement savings base, which should support investor interest but is unlikely to be a near-term earnings driver.
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