Lessons from experiences of Novo
State some of the factors which motivated Novo Industries to seek the U.S. listing of its stock. Explain about the lessons which may be derived from experiences of Novo?
Expert
Novo, company growing at fast pace, was domiciled in the segmented and small Danish market. This restricted ability of the firm in order to raise capital at the competitive rate. As described already within the text, Novo elucidate this problem through listing its stock in the New York and London stock exchanges. This move had enabled Novo in order to get its access to large capital sources and lower its capital cost.
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