Global IPO market had best performing Q2 in 20 years, EY report says
Global IPO activity had its best performing second quarter in two decades by volumes and proceeds, Ernst & Young Global Ltd said in its latest report and expects the momentum to continue for the second half of the year
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Published - Jul 23, 2021, 06:07 PM ET
Last Updated - Jun 04, 2024, 10:53 PM EDT
By Arghyadeep Dutta, 12:30 pm ET:
Global IPO activity had its best performing second quarter in two decades by volumes and proceeds, Ernst & Young Global Ltd said in its latest report and expects the momentum to continue for the second half of the year.
Amid a robust performance in global equity market and ample liquidity, traditional IPOs stepped back into the forefront in the previous quarter after the first was dominated by SPACs, the British professional services giant found.
In the first half of 2021, there was a total of 1,070 IPOs raising $222 billion in proceeds, with annual increase of 150% and 215%, respectively.
