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.