London Makes Up Just 2% of Europe’s IPO Volume So Far This Year
- London challenged by firms getting higher valuations elsewhere
- Puig signals potential turnaround for Europe IPO market
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London is missing out on a rebound in Europe’s initial public offering market, in yet another sign of its waning prospects as a listing destination.
Of the $11.9 billion raised via IPOs in Europe this year, just over 2% was in the UK — the lowest in decades, according to data compiled by Bloomberg. That compares to an average share of 31% between 2012 and 2023, the data show.