The U.S. initial public offering market is booming and has raised more capital than any other country thus far this year, according to Australian Financial Review. However the recent concerns surrounding the subprime mortgage market have made some global companies hesitant in offering shares. Blackstone Group’s IPO is the highest deal with $4 billion, which was the biggest in five years in the U.S.
China is right behind the U.S. and decreased the gap from last year’s 9.9% to 4.2% market share difference. China’s global IPO market has been successful due to sectors starting to go public, such as media, consumer products and retail. Russia and Brazil took the third and fourth spots for IPO offerings.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.