Partner Paramjit Sehmi comments on reasons for delisting following the news that HeiQ announced that it planned to delist its shares from the London Stock Exchange.
Paramjit’s comments were published in Law360 on 22 October 2024.
“Delisting can be an attractive off-ramp for listed companies with low or negative profitability and growth that are unable to raise finance in the public markets. This reduces both the administrative burden and costs associated with a listing.”
“It may also open the door to private equity investment as an avenue to help stabilise and improve the performance and prospects of the business.”
This article is provided by Burlingtons for general information only. It is not intended to be and cannot be relied upon as legal advice or otherwise. If you would like to discuss any of the matters covered in this article, please contact Paramjit Sehmi or write to us using the contact form below.
