Follow-on issuers profit from equity rally as blocks fly

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By Sam Kerr
06 Nov 2019

EMEA equity capital markets houses are finding a receptive audience for accelerated share sales as stockmarket indices hit new highs. But despite this, IPOs still face difficulties.

Several flotations have been pulled or postponed this month, as sellers and investors have failed to find common ground on valuation. But other cash ECM deals are still taking place, taking advantage of record markets: the US Nasdaq, Dow Jones and S&P 500 all hit record highs earlier ...

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