More than 20 companies from Germany have already gone public this year. Not all of them can be found on the German stock exchange, however.
After the corona lull, more companies in Germany are again daring to go public. “In the course of the year so far, we have recorded the highest issue volume in Germany in 20 years,” said EY partner Martin Steinbach on Tuesday, reporting the first three quarters.
Other stock market candidates are “in the pipeline,” said Steinbach. 2021 is already a very successful year for IPOs (Initial Public Offering / IPO), “and there is still a lot of liquidity on the market that is looking for an attractive investment in the low interest rate environment”.
2022 will also be exciting
The auditing and consulting company EY has had 22 IPOs of German companies in the year to date. Including 17 on the German floor, which according to the information raised a total of 8.2 billion euros. Another 5 German companies were drawn to foreign stock exchanges, where, according to EY, they had a total issue volume of 1.3 billion dollars at the time of the initial listing.
“For the fourth quarter there are some stock market aspirants in the starting blocks, so that we could come up to a total of 25 newcomers to the stock market”, Steinbach forecast for Germany. “And the interest of potential candidates is still great, so that 2022 should also be exciting.”
Worldwide, according to the information, 547 companies dared to go public in the period July through September of the current year, almost a quarter (23 percent) more than in the same period last year. The issue volume rose by eleven percent to 106 billion dollars (currently a good 90 billion euros).
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
