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Renaissance year for IPOs, with new listings up 28% on average at debut

US$190b raised globally in 2013; up to US$225b to come

[NEW YORK] Twitter Inc and Hilton Worldwide Holdings Inc helped lead the best year for US initial public offerings since the financial crisis, with strong trading debuts likely to stoke investor demand for new shares in 2014. Companies raised about US$22 billion in US IPOs in the fourth quarter