AFTER A sustained period of market uncertainty and volatility, the initial public offerings (IPO) market is showing signs of recovery.
PwC's IPO Watch Q1 2012 report found that a total of 58 IPOs raised €2.3bn on the European stock markets during the quarter compared to €0.9bn in Q4 2011 and €3bn in Q1 2011.
Although activity remains muted compared to historical levels, the prospects for future IPOs have been boosted by the encouraging trading of a number of recent issuers, and renewed market stability.
Mark Hughes, capital markets partner, PwC said: "A number of IPOs are pricing at the top end of their range and have generally performed well in the aftermarket, which can only be good news for those companies considering an IPO later in the year.
Sign up for Financial Director email alerts
Please enter your email below to receive your profile link
Search by job title, salary, or location - we only list senior financial roles
Financial Director has launched a new flagship one-day conference for senior finance professionals
In this live web seminar, our panel of experts will run through alternative finance options, and how financial decision-makers can choose the best solution for their company
One of the UK's most well-respected bosses talks about retail, governance, reputation, tax, his career - and that of CFOs – in a wide-ranging interview...
Send to a friend