Euronext: 83 IPOs launched in 2022 – 30/12/2022 at 10:46

Euronext: 83 IPOs launched in 2022 – 30/12/2022 at 10:46

(CercleFinance.com) – Euronext announced on Friday that it has consolidated its position as European leader in 2022 for initial public offerings (IPOs), with 83 transactions carried out over the whole year.

Companies that debuted on the pan-European exchange platform have managed to raise a total of 3.8 billion euros this year.

However, this is a figure much lower than that of the 2021 financial year, which ended with a “record” performance with the launch of 212 IPOs, for 26 billion euros raised.

In a press release, the operator specifies that half of the IPOs in 2022 were made by technology companies, including Technicolor Creative Studios (TCS) and Deezer among the most notable.

Of the 1,900 companies listed on its markets today, more than 700 are from the technology sector.

The most remarkable IPO of 2022, however, goes to energy group Var Energi, which raised 774 million euros on Euronext in February for a total valuation of some 6.9 billion euros.

This amount makes it the largest IPO in ten years in the oil exploration and production sector.

With regard to the next financial year 2023, Euronext indicates that it intends to relax the conditions for listing on the Milan stock exchange, with the dual objective of welcoming new Italian companies, but also international groups.

.