Metlen employs nearly 10,000 people in 40 countries and moved its primary listing from Athens to London in August this year. With a total value of over 5 billion, it was the fastest company to be admitted to the FTSE 100 list of the UK's most valuable listed firms. The move comes after some big UK companies quit the London Stock Exchange to sell their shares on foreign markets.
Public equity markets are currently undergoing significant structural changes globally due to the rise of private capital, the growth of passive investing, and the dominance of US markets.
"Wise announced it plans to shift its primary stock listing to the NASDAQ, underscoring tectonic shifts in the global listings landscape."