The total number of GCC IPOs
increased significantly in 2017 to reach 28 offerings, compared to four in 2016.
Year-on-year performance The total number of GCC IPOs
increased significantly in 2017 to reach 28 offerings, compared with four in 2016.
The upswing in Mena IPO
activity is tandem with a surge in global IPO
activity in 2017, which is on course to be the busiest year since 2007, with approximately 1,600 to 1,700 IPOs
expected to raise between $190 billion and $200 billion, EY said.
may be perceived to be relatively cheap based on growth prospects while others may be seen as expensive.
Phil Gandier, MENA Transaction Advisory Services Leader, EY, says, "Egypt and Saudi Arabia continue to be strong IPO
performers; the IPOs
on Egyptian and Saudi Arabian exchanges were the primary drivers of IPO
activity in MENA in H1 2015.
In the second quarter of 2014, IPO
activity in the region picked up pace and there were 11 IPOs
, that is IPOs
in which some of the proceeds are raised outside the firm's home country, play a critical role in the increase in IPO
activity outside of the United States.
To accomplish this goal, we examine the differences in offer valuation multiples, price revisions, and post-IPO
long-run stock and operating performances between a sample of 147 second-time IPOs
from 1984 to 2004, and a matched sample of contemporaneous first-time IPOs
(those that succeed in their first IPO
Stock market sources said they expect the number of IPOs
in Japan this year to fall to about 100 from last year's 121 due to declines in markets for emerging firms, although major companies like Mitsui Life Insurance Co.
This low valuation was undoubtedly a major reason for the high opening prices of the October IPOs
Riverwoods, IL) has launched 'IPO
Vital Signs,' an Internet-based subscription service that carries relevant information and research for IPO
professionals and pre-IPO
Reflecting the increasingly global nature of IPOs
, attendees at this year's event came from the United States, Canada, Israel, Ireland and the United Kingdom.