Value of global IPO deals shrinks 25%, but Asia keeps growing: EY
The Asia-Pac region accounted for 46% of all IPO proceeds raised in 2015; US proceeds fell 65% to US$33.3b
Singapore
GLOBAL initial public offerings raised 25 per cent less money in 2015 with the Asia-Pacific region outperforming the rest of the world, according to a report by EY.
There were 1,218 new listings in 2015 around the world, which raised US$195.5 billion in capital. Those proceeds were less than the amount raised in a bumper 2014 but still above the 10-year median of US$176.1 billion.
Asia-Pacific deal volume outpaced the rest of the world, with US$90.2 billion raised in 2015 f…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints
US: Wall St opens higher on tech boost, upbeat earnings
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Prada’s sales up 16% in first quarter as Miu Miu shines
Boeing reports first revenue drop in 7 quarters as deliveries decline