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Global equity raising down over 25% in 2016; bankers see a shaky 2017
Firms raised US$649b in equity in 2016; for IPOs, money raised falls by about 33% at US$130b
Add BT as a preferred sourcePublished Fri, Dec 30, 2016 · 09:50 PM
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London
GLOBAL equity raising fell by more than a quarter in 2016, data showed on Friday, hit by geopolitical shocks and a string of failed initial public offerings (IPOs), with the outlook for 2017 looking shaky.
Companies raised US$648.9 billion in equity during 2016, against US$873 billion last year, Thomson Reuters Equity Capital Markets (ECM) data up to Dec 28 showed.
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