Bloomberg: IPOX®’s Lukas Muehlbauer on Europe’s Potential IPO Revival
Bloomberg reports that Europe could see a surge of major IPOs in the coming months, as a backlog of large private companies looks to tap into improving market conditions. High-profile candidates include Uzbekistan’s Navoi Mining & Metallurgical Co., valued at around $20 billion; Nordic software group Visma; Swedish alarm company Verisure; and defense manufacturer Czechoslovak Group, with potential valuations exceeding €30 billion.
After years of subdued activity following the pandemic-era interest rate shifts, the IPO pipeline is beginning to reopen. Companies are seeking to capitalize on sector-specific momentum - from rising gold prices to heightened defense spending - while private equity owners look for liquidity.
Commenting on the market backdrop, Lukas Muehlbauer, Research Associate for IPOX® Schuster, said:
“The backdrop remains constructive, with market depth returning and several large candidates poised to list. Early successes should keep the window open provided the first deals price well and trade steadily.”
Read the full article by Pablo Mayo Cerqueiro on the Bloomberg Terminal: https://blinks.bloomberg.com/news/stories/T0XREPGP9VCW