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WATCH: Why IPO activity has declined
Business Day TV sat down with Baker McKenzie’s head of capital markets, Wildu du Plessis, to talk about the company’s cross-border IPO index
24 June 2019 - 09:18
Capital raised by African issuers fell by 28% year on year to $341m in the first half of 2019.
According to Baker McKenzie’s latest cross-border IPO index, the decline is due to the 80% drop in domestic capital raising in Africa — only $85m from four initial public offerings (IPOs). ..
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