Record month for European IPOs
Initial public offerings in Europe, the middle east and Africa had their best January on record this year, figures released yesterday show. Six stock market flotations helped raise $3.1bn (£1.9bn) of cash, led by the $1.8bn float of Altice, according to data provider Dealogic. This is the biggest amount ever recorded for January, and comes as the pipeline of anticipated floats this year expands, with 11 expected to complete this month.