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Global IPO proceeds fall 74% to US$13.1b in Q1: EY

Number of deals down 41% to 199 but EY expects IPO activity to rebound in Q2 as geopolitical issues are resolved

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EY's Max Loh: "More stable equity markets across the region points to a recovery in IPO activity ahead."

Singapore

INITIAL public offerings (IPOs) globally in the first quarter this year have been dismal. The number of deals fell 41 per cent to 199 from the same period a year ago, while proceeds raised plunged by 74 per cent to US$13.1 billion, according to a report by Ernst & Young (EY...

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