Advantages Of A Dual Listing On NYSE-Euronext

Law360, New York (August 11, 2008, 12:00 AM EDT) -- The equity securities of Philip Morris and Budweiser now have a foot on each side of the Atlantic!

This year, both Philip Morris International, Inc. and Anheuser-Busch Companies, Inc., the brewery company with the famous "Bud" brand, were admitted to trading on Euronext, the pan-European securities exchange that embraces the exchanges of Paris, Brussels, Amsterdam and Lisbon.

Both of these companies were already listed on the New York Stock Exchange (NYSE). What prompted their decision to apply for a dual listing on both sides of the...
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