, with offerings spanning the insurance, real estate and technology industries, among others. That helped the bank unseat Canaccord Genuity Group Inc., which had been Canada’s top IPO arranger for the past two years. RBC Capital Markets last led the Canadian IPO league tables in 2017.Article content
BMO Capital Markets pitched and won the mandate for Definity about 12 years ago, and while the strong equity markets helped the deal, it was mostly chance that everything happened to come together in 2021, said Peter Miller, head of equity capital markets. The unit of Bank of Montreal was the No. 2 Canadian IPO arranger last year, with 12 deals valued at $1.27 billion.
When we started the year, we knew it was going to be a solid year, but we didn't know it was going to be a historic yearTechnology companies accounted for a large percentage of 2021 offerings and “that theme is in place as we move into 2022,” said Jake Lawrence, head of global banking and markets for Bank of Nova Scotia. The continued strength in technology and the broadening spectrum of companies coming to market may fuel another strong year for IPOs, he said.
“We have an incredible ecosystem of technology companies that have really matured over the last couple of years,” Corona said. “They’re very high-quality, and there’s even more of them than we thought there were.”
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »