Samsonite Board Approves Plan to Pursue Second Listing in the US

Photographer: Sarah Blesener/Bloomberg
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The board of Samsonite International SA has authorized the luggage maker to pursue a dual listing in the US to improve liquidity and make its shares more accessible to investors globally.

Samsonite, which is listed in Hong Kong, said in a Wednesday statement that the US is the appropriate venue based on the company’s “global footprint, growth drivers and strategic priorities.”