trending Market Intelligence /marketintelligence/en/news-insights/trending/mF7ftZJMA5AnrXLOOa3oHg2 content esgSubNav
In This List

TSX, NYSE moving to delist Banro

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Insight Weekly: US stocks hit grim milestone; top European banks tumble; TMT IPOs plunge

Video

Gold and Copper Summit 2022: Overview of Global Gold Markets in 2022 and Beyond


TSX, NYSE moving to delist Banro

Banro Corp. said Dec. 27 that its shares will be delisted from the Toronto Stock Exchange and the NYSE American.

The TSX delisting will take effect from market close on Jan. 22, 2018, and the company does not plan to appeal the move. These shares have been suspended from Nov. 20 following a cease trade order by the Ontario Securities Commission.

The NYSE's decision noted the uncertainty over Banro's restructuring timing and the outcome of these proceedings. Company shares have been suspended from the NYSE since Dec. 22.