Companies
Proceeds of IPOs tumbles by a third in 2023 with subdued sentiment
There were 1,298 IPOs raising $123.2 billion this year which is an 8 per cent decrease in volume and a 33 per cent decrease in proceeds year-on-year
The proceeds of initial public offerings (IPOs) tumbled this year, according to the 2023 EY Global IPO Trends Report.
In total there were 1,298 IPOs raising $123.2 billion, representing an 8 per cent decrease in volume and a 33 per cent decrease in proceeds year-on-year, according to the report.
An improved Western market sentiment and a pickup in deal volumes in both the Americas and EMEIA (Europe, Middle East, India and Africa) was counterbalanced by ...