迪鲍尔必发 (Flutter)押注纽约证券交易所,改变游戏规则

Lea Hogg May 2, 2024

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迪鲍尔必发 (Flutter)押注纽约证券交易所,改变游戏规则

派迪鲍尔必发 (Flutter)公司决定将其主要上市地点从伦敦转移到纽约,这一观点在其年度股东大会上得到了压倒性的98%股东支持。这一举措预计将于本月底生效,反映了公司的增长轨迹以及全球金融市场的变化动态。目前尚不清楚这一举措将如何影响派迪鲍尔必发 (Flutter)未来的增长以及伦敦证券交易所作为国际金融中心的地位。

派迪鲍尔必发 (Flutter)公司,前身为帕迪·鲍尔贝特菲尔(Paddy Power Betfair),的这一决定并非孤立事件。这是公开公司将其主要上市地点从伦敦转移的趋势的一部分,从而削弱了伦敦的地位。推动这一趋势的原因,主要是美国市场更高估值和高管薪酬的吸引力。然而,有一件事是肯定的,全球金融格局正在变化,公司正在战略性地调整其定位以适应这一变化。

对投资者的影响

“随着Flutter公司努力提升其在美国资本市场的投资者形象,纽约证券交易所的上市可能会增加Flutter公司对英国博彩公司的投资者认知的影响。”

Russell Pointon, 爱迪生集团
股票分析师

派迪鲍尔必发 (Flutter)的跨大西洋跃进对其投资者有几个影响。纽约将增强派迪鲍尔必发 (Flutter)在美国市场(其收入最大的市场)的知名度。这种曝光度的增加将吸引大量投资者,并随之增加公司的市值。美国市场以其深度和流动性而闻名,因此派迪鲍尔必发 (Flutter)将获得更深的资本市场,从而为其股票提供更大的流动性。

派迪鲍尔必发 (Flutter)在纽约的上市可能会导致其股价上涨,从而使其投资者受益。将主要上市地点移至美国,还将使派迪鲍尔必发 (Flutter)有机会被纳入主要的美国指数中,这将增加公司的可见度,从而导致对其股票的需求增加。

转移到纽约证券交易所的趋势增长

派迪鲍尔必发 (Flutter)公司将其主要上市地点转移到纽交所也并不是一次孤立事件。其他一些公司也选择了类似的转变。今年早些时候,德国英国旅游公司Tui和建筑材料公司CRH也做出了类似的举措。一家制药公司Indivior和一家在线杂货零售商Ocado据称也在考虑转向美国。这种从伦敦证券交易所的出走表明了全球金融格局的正在经历更广泛的转变。

派迪鲍尔必发 (Flutter)公司的这一决定,恰逢其公司预计今年将有超过40%的收入来自美国市场这一预测之际。这种增长主要是由于该国最大的在线博彩和幻想体育平台之一FanDuel的成功所推动的。近年来,随着美国放松了在线博彩限制,FanDuel的受欢迎程度激增。该国的销售额从五年前的收入的10%增长到去年的40%,使其成为派迪鲍尔必发 (Flutter)营收最多的市场。

风险方面

另一方面,派迪鲍尔必发 (Flutter)的举措显然意味着它将被从伦敦的富时指数中移除。这可能会导致跟踪这些指数的指数基金和其他机构投资者的卖压。

众所周知,招聘和留住人才在美国通常需要更大的投资。由于派迪鲍尔必发 (Flutter)娱乐公司的这一举措,该公司将更好地吸引和留住美国人才,但这将增加人员成本和招聘费用。尽管存在这些潜在的更高成本,但在美国吸引和留住人才的能力可能会对公司的长期增长和成功铺平道路。

派迪鲍尔必发 (Flutter)公司首次提出在2023年2月考虑到在美国获得次要上市,作为其在该国更广泛增长计划的一部分。该公司在今年1月美国上市之前称纽约证券交易所为其“天然之家”。

这一举措的影响是重大的。它不仅反映了全球金融市场动态的变化,而且凸显了像派迪鲍尔必发 (Flutter)这样的公司对美国市场的战略重要性。随着更多公司效仿,这一转变可能会重塑全球金融格局,使纽约成为主要上市的首选目的地。

分析人士的看法

市场对这一决定持绝大多数积极的态度,98%的股东支持这一举措。公司预计主要上市将立即生效。正如一位分析师所说,“强大的股东支持表明了对派迪鲍尔必发 (Flutter)战略方向的信心。”

此举符合企业青睐美国市场的普遍趋势,因为美国市场具有潜在的估值优势。这种战略联盟,反映了人们对英国脱欧后,伦敦对 IPO 和上市公司的吸引力的担忧。一位行业观察人士指出:“派迪鲍尔必发 (Flutter)的举动象征着全球金融格局的变化,美国越来越被视为一个更具吸引力的市场。”

爱迪生集团投资研究公司消费者和媒体市场主管拉塞尔·彭通指出了增加影响力的潜力。他指出,在纽约证券交易所的上市,可能会增加对英国博彩公司投资者认知的影响。

然而,这一举措并非没有潜在风险。一些分析人士对此表示担忧。例如,《卫报》的一篇文章建议英国股东应反对派迪鲍尔必发 (Flutter)飞往美国。这突显了在这一过渡期间需要精心管理其利益相关者沟通的必要性。

派迪鲍尔必发 (Flutter)的首席执行官彼得·杰克逊表示,该集团的重点仍然是美国,该国的流动性池被描述为“比任何其他市场都要大得多”。他还提到该公司认为自己是在回家——美国是他们的天然之家。这一声明凸显了美国市场对派迪鲍尔必发 (Flutter)未来增长的战略重要性。

尽管对这一举措的战略利益存在普遍共识,但一些分析人士也指出了潜在的风险。正如一位财经评论员所言,“派迪鲍尔必发 (Flutter)的举措是一种大胆的战略举措,但就像所有举措一样,它既带来潜在的回报,也存在风险。”很明显,这一决定在金融界引发了重大讨论。

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