IPO Watch Europe 2012
Overview of European and global capital markets in 2012

IPO Watch Europe 2012 PDF downloadAdobe PDF Format

Initial public offering (IPO) activity was weighed down by the economic and political issues in 2012, but the outlook for 2013 is encouraging.

A comparison of year on year activity IPO activity in Europe
2012 vs. 2011

Highlights of 2012 include:

  • 2012 proved a difficult year with only 263 IPOs in Europe raising €10.9bn.
  • London remained the dominant European market raising almost 50% of total European proceeds.
  • The US showed some resilience going from third to first position in terms of money raised.
  • Overall, the top 10 European IPOs returned an average of approximately 15% on their offer price.
  • 35% of proceeds were raised by Telecoms companies in Europe.
Five largest IPOs in Europe in 2012
Company Offering value €m Exchange Sector
MegaFon 1,288 London Telecommunications
Telefónica Deutschland 1,260 Deutsche Börse Telecommunications
Directline 976 London Insurance
Ziggo 804 Euronext Telecommunications
Talanx 767 Deutsche Börse Insurance

Sources: IPO Watch data