The latest EY Global IPO Trends survey for the second quarter of this year said the surge in IPO activity was driven by favourable stock market performance, improving valuation levels, the continuing reduction in inflation and growing investor enthusiasm for new offerings.
The region hosted 249 deals worth $24 billion up 46% by volume and 89% by deal value when compared to the first half of last year. Un the Americas, there were 86 IPOs with proceeds of US$17.8 billion, an increase of 12% in volume and 67% in value when compared to the first half of 2023. Fergal McAleavey, EY Ireland Corporate Finance Partner, said the the resurgence of IPO activity across Europe and the wider EMEIA region in 2024 is very positive to see after several challenging years.
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Source: IrishTimes - 🏆 3. / 98 Read more »