September 30, Bloomberg released the results of its survey showing that in the third quarter
the volume of funds raised by the European companies at IPOs grew had grown by over six
times as compared to the previous year.
Details remaining uncovered, Bloomberg estimated the 3Q IPO revenues of the European
companies at more than $22 billion. As Bloomberg representatives explained, the vivid
interest in the European business was explained by overpriced U.S. stocks and evaporating
concerns over the economic situation in Europe.
According to Bloomberg research, Deutsche Annington Immobilien had the largest IPO
size. In July, the Germany-based real estate company made its first public offer on the
Frankfurt Stock Exchange. It managed to raise over €570 million. Next comes the $626
million IPO of Foxtons Group property broker in London.
The companies that placed their stocks on the U.S. exchanges earned $11 billion from
July to September. This is twice less than in Europe. As for American companies, the third
quarter was very successful – in 2012 they made only one-third of this year’s level.
The Asia-Pacific region is among outsiders in terms of IPO results for the third quarter.
In the last quarter the companies attracted 40% funds less than in 2012. As Bloomberg
estimates suggest, about $10 billion was invested as compared to $17 billion last year. The
picture in the region might change for the better after Alibaba online marketplace lists its
shares on the stock exchange. The valuation of the Chinese internet giant could run to $100
billion.
On the global scale, since the break of 2013, IPOs yielded businessmen 10% more funds
that in the same period of 2012. Last year, IPOs raised $112 billion worldwide.