by professional services firm Ernst & Young, IPO proceeds fell 61% in 2022 due to market volatility after setting records in 2021. While conditions are expected to remain muted in early 2023, there is a strong pipeline for IPOs which could see activity pick up in the second half of the year, the report said.
Steinhoff, which currently has debt of €10 billion , had also raised about €1 billion through Pepco's listing on the Warsaw bourse in Poland in 2021, but the group itself may delist. The firm announced in December that it had reached a deal with its largest creditors, which could see them holding 80% of the company.Steinhoff's shares had fallen 5.
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business Our president would love that mattress firm so that he gets more mattresses to stash dollars
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fonte: News24 - 🏆 4. / 80 Consulte Mais informação »