The global IPO market thus far this year has halved versus over this time last year as market volatility and uncertainty put many mega issues on hold in the first half of 2022.
When the current state subsides, a healthy pipeline of deals will ensue, says professional services firm EY.
“However, strong headwinds from the current uncertainties and market volatility are likely to remain. These include geopolitical strains, macroeconomic factors, weak capital market performance and the impact from the lingering pandemic on global travel and related sectors,” the firm warns.
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