Published on 17 May 2024 on Evening Standard via Yahoo Finance
London still Europe’s share sale capital even with few IPOs
London Skyline (AFP via Getty Images)
London remains Europe’s top venue for sales of shares in listed companies, as a recent raft of secondary deals eclipses a lack of UK initial public offerings.
There have been $11.3 billion worth of such share offerings in London so far in 2024, a jump of almost 24% on a yearearlier, according to data compiled by Bloomberg. Even after missing out on a nascent revival in IPOs, the volume of share sales in London dwarfs that of any other European exchange.