Globally, IPO activity year-to-date grew 14% y-o-y in the total number of IPOs to 872. Proceeds grew 43% y-o-y to US$165.3 billion ($224.72 billion).
Global initial public offering (IPO) activity reached record highs in 3Q2020, making it the most active third quarter in the last 20 years by proceeds and the second highest third quarter by deal numbers, says Ernest & Young (EY).
This is compared to past third quarters, which were traditionally slow periods for IPOs, according to findings published by EY’s quarterly report, EY Global IPO Trends: Q3 2020.
