Samsonite Selects JPMorgan and Morgan Stanley for US Dual Listing

Samsonite, a well-known luggage and accessories manufacturer, has decided to proceed with a dual listing of its shares on U.S. exchanges. The company is partnering with major investment banks JPMorgan and Morgan Stanley to facilitate this process. This decision is expected to enhance Samsonite's market capitalization and attract investor interest in the North American market.

According to sources familiar with the matter, Samsonite plans to list its shares on the New York Stock Exchange (NYSE) as part of its strategy to expand its presence in the U.S. Many experts believe that this move will improve the company’s liquidity and provide an opportunity for a broader reach within the investment community. Particular attention is being given to increasing the share of institutional and individual investors in Samsonite's stock.

At the same time, the current uncertainty in global markets could have an impact on Samsonite’s plans for its U.S. listing. Nevertheless, the decision to engage JPMorgan and Morgan Stanley for assistance in this initiative indicates the company’s serious intentions and its desire for growth on the international stage.

As Samsonite continues to position itself as a leading player in the luggage industry, this step could open up new opportunities and pathways for further business development. Investors and analysts will be closely monitoring developments ahead of this significant move.

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