Search
 

Global IPOs Slump in Q3

Initial share offerings raise $21.3 bln, down 48% from Q2 level.

By Lee Spears, Bloomberg | Updated on October 01, 2012

Initial public offerings dropped last quarter to the second-lowest level since the financial crisis, as signs of a global economic slowdown threaten to extend the IPO market’s slump into 2013.

Initial share sales raised about $21.3 billion worldwide in the three months through September, 48 percent less than the previous quarter, according to data compiled by Bloomberg. While Japan Airlines Co. completed 2012’s biggest IPO since Facebook Inc., companies from guitar maker Fender Musical Instruments Corp. to Hardee’s owner CKE Inc. shelved their offerings after failing to procure the price they wanted from investors.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.