EXCLUSIVE: Western European IPOs Generate Slightly Less Fresh Money In Jan-July 2015 Than Year Ago - Data

Tom Burroughes

12 August 2015

Companies floating on Western European bourses have so far raised a total of €31.13 billion ($34.4 billion) from initial public offerings in the first seven months of 2015, a drop from $36.71 billion in the same period a year before, while a total of £50.295 billion ($78.3 billion) of new wealth was generated from liquidity events, new figures show.

A total of 10,787 people in 21 countries tracked by were enriched by various corporate events. In the UK, which had the highest figure for new wealth generation, at £15.126 billion, 5,629 persons benefited from liquidity events, the organisation said. The second-largest crop of beneficiaries from such events were in Germany (which generated a total of £6.252 billion), followed by China (£5.858 billion), Italy (£3.315 billion), Switzerland (£2.838 billion), Sweden (£2.713 billion), Isle of Man (£2.185 billion), Norway (£2.143 billion) and Russia (£1.958 billion).

In terms of IPO offering size, Spain is actually the leader for the seven months to July, at €7.689 billion, taking a 24.7 per cent market share and involving eight IPOs. The UK had the second-largest value of IPOs, at €5.421 billion, with a 17.4 per cent market share and spread among 26 floats of firms. In third spot is France, at €3.339 billion, with 10.7 per cent of the market and 19 IPOs.