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From pop to flop: How 25 years of IPOs have shaped European markets
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fnlondon.comEuropean equity capital markets enjoyed a stellar 2021. But when it comes to jumbo IPOs, it paled into insignificance compared with the late 1990s.
Bankers need long memories to remember the heyday of the European IPO market. On 18 November 1996, Germany’s Deutsche Telekom began trading on the Frankfurt and New York stock exchanges. The offering...
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