Sims Metal to delist ADRs from NYSE

Sep 19, 2013 | 03:13 PM | Nathan Laliberte

Tags  Sims Metal Management, Australian Securities Exchange, New York Stock Exchange, NYSE, American Depositary Receipts, delisting, ADRs, Nathan Laliberte

NEW YORK — Sims Metal Management Ltd. intends to voluntarily delist its American Depositary Receipts (ADRs) from the New York Stock Exchange (NYSE) effective on or about Oct. 11, the company said.

An ADR is a negotiable security representing securities of a non-U.S. company that trades in domestic financial markets.....

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