Anglo-Australian company plans to simplify structure and shift main stock exchange listing to Sydney
The FTSE 100 is to lose one of its biggest companies after the Anglo-Australian miner BHP announced it would abandon a dual listing in London in favour of shifting its main listing to Sydney.
The move to simplify a complex dual-listing structure will automatically trigger BHP’s removal from the FTSE 100 under UK stock market rules, although the company will continue to have a standard listing on the London Stock Exchange.
