Companies listing on the main London market raised £3.8bn in first quarter of
2007, compared to £3.5bn in same period last year, according to research by
On the downside, research by
KPMG’s capital markets
group found that the number of IPO’s on AIM had fallen – on the positive
front, there remained strong demand to list from overseas companies.
According to the study just 10 firms sought a listing on the main market in
the first quarter of 2007 compared with 22 companies in the first quarter of
2006. While this shows a fall in the number of companies listing, the figures
also show the average deal value has approximately doubled compared to those in
the same period last year.
Linda Main, transaction services partner in KPMG’s capital markets group
said: ‘London remains the city of choice for the world’s most ambitious
companies. Although the overall number of IPO’s is down on last year, the value
of those that came onto the market has soared with the funds raised doubling on
average compared to last year.’
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.