Activist investor Cevian Capital, which owns more than 12 percent of Pearson’s shares, has a magical solution to increase the company’s stock: Move the listing from London to New York. Cevian managing partner Christer Gardell tells Bloomberg, “To change the listing is an easy and effortless way to increase the value of a company.” He reasons, “As most of the competition is based in the US, we see an upside to the share of 30-40 percents from a relisting.” Pearson does trade on the New York Stock Exchange through an American depositary receipt listing. A Pearson spokesperson said they are […]
