Record High For IPO Exits In Europe

Thanks to local divestments across the UK and Europe, there appears to be greater primary buyout activity, and deal activity edged up in the first half of 2014 compared with 2013, notes EY study.

In a report titled “Record high for IPO exits”, EY notes the UK continues its deal dominance, garnering 60 of the 159 deals across Western Europe in Q2 2014.

Strong deal activity

According to the EY report, European buyout activity was strong, with the total deal value in the first half of 2014 standing at €25.8 billion, compared with €23.6 billion in the first half of 2013. In terms of volume, 312 deals were clocked in the first half of 2014, which is well above 279 recorded...