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Equity

Jumbos hog limelight, IPO hopefuls hold off

Halfway through the first quarter of 2013 ECM bankers are starting to anticipate what is traditionally a busy period for deal launches after results season is out of the way in the next few weeks. But already, some trends are becoming evident, particularly investors’ focus on liquidity which has helped deliver a constructive environment for large deals, but left smaller offers struggling.

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