It's Still a Nervous Market Despite Ipos Raising Total Funds of Pounds 2.1bn

Summary


The UK's main market remains nervous despite seeing five trading company Initial Public Offerings (IPOs) in the third quarter, raising a combined pounds 878 million, it was claimed today.

It brings the total for 2004 to date to 12 IPOs raising total funds of over pounds 2.1 billion, compared with just three companies in the equivalent quarters of 2003 - pounds 1.4 billion, of which pounds 1.2 billion was attributable to Yell.

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It's Still a Nervous Market Despite Ipos Raising Total Funds of Pounds 2.1bn

Three new entrants launched their IPOs in July and raised a total of pounds 617 million - E2V Technologies (pounds 76 million), Premier Foods (pounds 403 million) a...

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