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European IPO proceeds fall 35% in 2023, PwC finds

There were 107 IPOs across Europe raising €10.2bn (£8.7bn) in 2023, a fall of €5.4bn (£4.6bn) on the previous year

The proceeds raised from European IPOs in 2023 fell by 35% compared with the previous year with global macroeconomic and geopolitical uncertainty contributing to a soft market, according to PwC’s latest IPO Watch.

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