BusinessCompany News35 companies delist from US since April

35 companies delist from US since April

About 35 foreign companies have delisted from the US stock exchange since April, according to regulatory filings

Companies including French group
Danone,
which sells its products under the Dannon brand in the US, British Airways and
ICI have all pulled out of the US after the huge regulatory burdens piled on
companies in the wake of Enron.

The new figure comes from research conducted by The Daily Mail. The
SEC said last month that it
had established a committee to examine the financial reporting system.
Christopher Cox, SEC chairman, said the system had become ‘unnecessarily complex
for investors, companies and the markets generally.’

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor