(Reuters) – Tikehau Capital is considering a dual listing or a complete move to the New York Stock Exchange, a spokesman for the asset management company said on Thursday, confirming comments made by the group’s founders to the Financial Times .
Founded in 2004, Tikehau has been listed on the Paris Stock Exchange since 2017.
According to the founders Mathieu Chabran and Antoine Flamarion, with a listing in the United States it would be possible to take advantage of the liquidity of the American markets, to promote the brand in the context of consolidation in the sector and to increase Tikehau’s presence among consumers -individual investment.
“Building the brand takes a lot of time and energy. A list in the US, where finance was created, makes sense from a brand perspective,” said Antoine Flamarion to the FT.
“We are currently determining” whether we should choose a main listing in the United States or a dual listing between Paris and New York, Mathieu Chabran told the financial daily.
At the end of September, Tikehau had assets under management of 47.1 billion euros.
On the Paris Stock Exchange, Tikehau shares fell 0.25% to 20.50 euros at 08:57 GMT.
(Reporting by Mathieu Rosemain, writing by Kate Entringer, editing by Blandine Hénault)
2024-11-21 09:27:00
#Tikehau #considers #dual #listing #moving #York
**According to the text, what are two potential benefits that Tikehau Capital might gain from listing on the New York Stock Exchange?**
## World Today News: Tikehau Capital’s Potential Move to Wall Street
**Host:** Welcome back to World Today News. We’re discussing the potential move of European asset management giant Tikehau Capital to the New York Stock Exchange. Joining us today are two distinguished guests: Mr. Antoine Dupont, a financial analyst with a keen focus on the transatlantic investment landscape, and Ms. Sophie Durand, a professor specializing in international finance and market trends. Welcome both!
**Antoine Dupont & Sophie Durand:** Thank you for having us.
**Host:** Let’s jump right in. Mr. Dupont, Tikehau Capital has been listed on the Paris Stock Exchange since 2017. What factors might be driving their consideration of a dual listing or even a complete move to New York?
**Antoine Dupont:** There are a number of compelling reasons why Tikehau Capital might see this move as beneficial. The US market is incredibly deep and liquid, offering potentially broader access to investors and capital. We’ve also seen a trend of European companies looking to raise their global profile through US listings.
**Host:**
Ms. Durand, Tikehau’s founders have cited the potential for “brand building” in the US. Could you elaborate on the significance of this aspect in today’s globalized financial landscape?
**Sophie Durand:** Absolutely. Brand recognition and perception play an increasingly crucial role for financial institutions, especially asset managers looking to attract individual investors. A US listing, particularly in a financial hub like New York, could significantly boost Tikehau’s brand visibility and credibility on a global scale.
**Host:**
** (Transition to the theme of market consolidation)**
The article mentions Tikehau’s desire to position itself amidst ongoing consolidation in the asset management sector. Mr. Dupont, how might this potential move to the NYSE contribute to Tikehau’s strategy within a consolidating market?
**Antoine Dupont:** Size and scale are becoming increasingly important in the asset management world. A US listing could provide Tikehau with a platform to access a wider pool of capital for potential acquisitions, mergers, or strategic partnerships, allowing them to compete more effectively in a consolidating landscape.
**Host:**
Ms. Durand, are there any concerns or potential risks associated with such a move, particularly for a company primarily focused on European markets?
**Sophie Durand:** Certainly. Adapting to the regulatory landscape and investor expectations in the US market can be challenging for European firms. Furthermore, there’s always the possibility of losing some visibility and support from their existing European investor base if they prioritize the US market.
**Host:**
**(Transition to investor implications and stock performance)**
Let’s talk about the effect this potential move could have on individual investors.
Mr. Dupont, how might a dual listing or a move to the NYSE impact Tikehau’s stock performance and attractiveness to retail investors?
**Antoine Dupont: **
The increased liquidity and investor exposure that comes with a US listing could potentially drive up Tikehau’s stock price.
Moreover, a US listing
could make Tikehau shares more accessible to individual investors in the US market, which is a significant driver of investment in the asset management sector.
**Host: **Excellent point. Ms. Durand, final thoughts?
**Sophie Durand:** This is a crucial strategic decision for Tikehau Capital. While the potential benefits of a US listing are clear, they need to carefully analyze the risks and ensure a smooth transition to reap the rewards. Ultimately, the success of their strategy will depend on their ability to navigate the intricacies of the US market while maintaining their European base.
**Host:**
A fascinating discussion indeed. Thank you both so much for sharing your insights on this important development. We’ll be sure to follow Tikehau
Capital’s decision closely as it unfolds. We’ll be right back after the break.
