Global IPO activity to slow in '16 due to geopolitical uncertainty: EY
Activity to pick up in '17 as some companies come of age, fundamentals improve
Singapore
THE year 2016 will be a quieter year than 2015 for IPO (initial public offering) activity around the world, but next year will see activity pick up again.
This is because a high level of geopolitical uncertainty this year has weighed on dealmakers.
However, stability is expected to return in 2017, as some companies are coming of age and ready to float.
Said Ernst & Young (EY) in a release: "IPO activity in 2016 will likely lag behind 2015 levels, the o…
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