Bloomberg: IPOX® Research Associate Lukas Muehlbauer on European IPO Market Challenges
In a recent Bloomberg article titled “Europe’s IPO Window Proves a Hard One to Get Through: ECM Watch”, IPOX® Research Associate Lukas Muehlbauer provided commentary on the current state of the European IPO market.
The article discusses the recent shelving of German car parts retailer Autodoc SE's planned listing, highlighting a challenging environment for companies looking to go public. Several other potential IPOs have also been postponed or withdrawn, signaling investor caution.
Dr. Muehlbauer commented on the specific difficulties faced by private equity-backed companies where the primary goal of the IPO is for existing owners to sell their stakes.
“The pulled offer demonstrates that investor appetite for private equity exits, where proceeds do not stay with the company, is particularly low,” said Muehlbauer. “Deals that are essentially existing owners cashing out are proving to be a tough sell.”
The full article is available on the Bloomberg Terminal for subscribers.
Article by Pablo Mayo Cerqueiro
