Tuesday, 28 June 2011

IPO Filings Accelerate to Highest Since 2007 Just as Stock Markets Retreat

http://www.bloomberg.com/news/2011-06-28/ipo-filings-accelerate-to-highest-since-2007-just-as-stock-markets-retreat.html

At least 720 companies including Groupon Inc. and Beijing Jingneng Clean Energy Co. have announced plans this quarter to seek $67 billion in IPOs, according to data compiled by Bloomberg. That’s the largest number of deals in a quarter since 794 IPOs were announced during the final three months of 2007, the data show.

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