IPO activity shows potential for 'thawing' in 2023

LSE remains dominant

Elliot Gulliver-Needham
clock • 2 min read

European and US IPO activity has shown “signs of thawing” throughout 2023, as the number of issuances slowly rise, according to data from PwC.

In PwC's latest IPO Watch, the firm revealed that the London Stock Exchange remained dominant on the European market both year-to-date and in Q3, delivering 94 follow-on equity transactions and raising £14.6bn this year. Market Movers Blog: Birkenstock prices New York IPO at $46 per share While the European market "remains subdued", the third quarter saw an uptick in IPOs, with 33 IPOs across Europe raising €4.6bn, up from last quarter, which saw 26 IPOs with a value of €2.1bn. The US also showed signs of recovery in Q3, with three large technology companies completing their IP...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Global

Luis de Guindos, vice president of the ECB, said: 'While risks to financial stability may appear less acute, they remain elevated.'

ECB warns high rates are pushing economy towards fragility

‘Early signs of stress’ in banks

Elliot Gulliver-Needham
clock 22 November 2023 • 2 min read
The study also revealed that underlying growth was 0.3% after adjusting for one-off special dividends and exchange rates

Global dividends fall 0.9% as big companies slash payouts

Janus Henderson Global Dividend Index

clock 15 November 2023 • 3 min read
The jump from 2.1% last quarter has left the US economy ‘flying high’, according to Neil Birrell, CIO of Premier Miton Investors.

US GDP beats expectations at 4.9% in Q3

Up from 2.1% in Q2

Elliot Gulliver-Needham
clock 26 October 2023 • 2 min read