Following a dearth of initial public offerings (IPOs) in the second quarter, the London Stock Exchange looks set for a busy autumn as life starts to return to a degree of normalcy.
IPO activity pretty much ceased in the second quarter as the markets grappled with the economic consequences of the Covid-19 lockdowns. IPO volumes fell 81% compared with the same period a year ago, with just two Venture Capital Trust (VCT) listings on the main market and none on the alternative investment market (AIM), according to law firm Squire Patton Boggs. Taking the plunge: Observations on the UK IPO market Now, the market is anticipating a resurgence of activity - both from newly launched IPOs and from IPOs that were put on the back burner at the start of the pandemic. A...
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