Sunday 7 July 2013

Mena IPO value rises 52% to US$2.1 billion in first half 2013 - bi-me.com

"MENA IPO value dropped in Q2 2013 with nine deals raising US$482.6m compared with US$1.6b raised in Q1 2013, according to Ernst & Young’s MENA Q2 2013 IPO update.

Q1 2013 experienced the highest amount of capital raised through IPOs in MENA in one quarter since 2008, bringing the total capital raised in IPO markets in MENA to US$2.1b in the first six months of this year. This is 52% higher when compared with the US$1.4b raised in the first half of 2012. Additionally, the Q2 2013 IPO capital raised was lower by 63% from US$1.3b raised in Q2 2012."

'via Blog this'

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