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A handful of large new listings have emerged from South Africa, Kenya and Angola and more are set to follow
Submarine mast maker's IPO raised €132.8m
Vincorion is expected to continue defence IPOs later this week
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The UK’s equity capital markets are facing a difficult year, as companies hold off from share sales due to the uncertainty surrounding the UK’s impending departure from the European Union. The German-speaking region is therefore likely to be the dominant fee pool in Europe this year, while emerging markets will become a still more important source of IPOs on the London Stock Exchange. But Brexit angst is chilling markets even beyond the UK.
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DWF, the UK law firm, has filed paperwork on an initial public offering in London, but many in equity capital markets are predicting that the the city’s largest deals will come from the emerging markets.
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Artificial Solutions, the Swedish software company that developed conversational artificial intelligence, may sell new shares on the main Swedish market to finance its growth, once it has obtained a listing on Nasdaq First North, according to its CEO.
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China’s securities regulator has published draft regulations for the Shanghai Stock Exchange’s new technology board, giving the market a first look at how the much-anticipated listing venue will function.
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January has proven to be the quietest start to the year in a decade for EMEA ECM.
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Whatever the resolution of the UK’s attempts to leave the European Union, it will likely take a long time for it to repair its reputation among investors.