Money raised by European IPOs up 135% in 2013

Monday 24 March 2014 07.49
More than 100 companies floated in Europe in the last three months of 2013
More than 100 companies floated in Europe in the last three months of 2013

PwC says total money raised by Initial Public Offerings in Europe last year grew 135%, with the bulk of activity taking place in the second half of the year.

More than 100 companies floated in Europe in the last three months of 2013 and the average European deal size more than doubled, according to an analysis by PwC.

London remained the dominant market in Europe by both the total number and total money raised.

The Irish Stock Exchange, which has seen a number of major companies delist, has seen several new IPOs - Green and Hibernia REITs, and more recently the Dalata Hotel Group.