Defensive investors put pressure on IPO valuations

Canary Wharf from Fotolia 230x150
By Sam Kerr
03 Sep 2019

The European IPO market has been reopened with the listings of TeamViewer, the German remote access software provider, and Swedish private equity house EQT. However, with investors continuing to position more defensively bankers expect valuation pressure to remain.

The two transactions are expected to lead a pipeline of IPOs. Bankers across the Street are keeping their fingers crossed that the they go smoothly, and are hoping that sellers take into account how sensitive investors have become to price.

“There are two good deals on the road ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.