Betting giant Flutter has dealt the latest blow to the London Stock Exchange, as it set out plans to switch its primary listing to the US on the day its shares start trading there.
The owner of Paddy Power, Sky Bet and Betfair is set to start selling its shares in New York as part of a secondary listing today. It had previously noted that this listing could be a first step to making the US its primary listing destination, allowing it to become a member of American stock market indices like the S&P 500.
