The German exception of the year: the number of IPOs falls in the world by a fifth

After the best year for IPOs in Germany since the turn of the Millennium, experts expect that by 2019, a strong year for new issues. In Germany, 15 to 18 IPOs were, on the whole realistic, says Listing expert Martin Steinbach from consulting firm EY. Other observers expect ten to 15 new missions (IPO).

However, the air is after the exceptional year 2018 thinner. “It’s happened a lot this year. A year ago, the Pipeline was much stronger,“ says Christoph Seidel, who runs the business with mergers and Acquisitions of JP Morgan in Germany and Austria. In 2018, there were 16 firms in the strictly regulated Prime Standard of the Frankfurt stock exchange and collected 11.6 billion euros – the highest volume of issuance since the year 2000. With Siemens Healthineers and Knorr-Bremse, which contributed EUR 4.2 billion and 3.85 billion, came two of the world’s five largest IPOs in Germany.

around the World, the emission volume increased despite the decline in the IPOs of six percent to nearly 205 billion dollars (181 billion euros). The largest transaction, according to EY, the IPO of the mobile telephony subsidiary of the Japanese technology Investor Softbank on 19. December. Softbank wants to take this $ 21 billion – the largest IPO of all time, the Tokyo stock exchange.

On the Frankfurt stock exchange, new heavy-weights

go To the Chinese radio mast, the operator of China Tower follows with 7.5 billion dollars. Place in the Chinese Smartphone producer Xiaomi, the redeemed in its stock market debut 5.4 billion dollars. Overall, the number of Chinese stock market debuts halved to 307, the company took a total of 57 billion dollars. The were 13 per cent more than in the previous year.

2019 in Frankfurt billions of new missions into the house. Volkswagen, the preparations for the stock exchange is pushing ahead with its commercial vehicle subsidiary, Traton, to be according to the ideas of Traton-chief Andreas Renschler has more than six billion euros. Bankers will keep the target for the claim.

Continental wants to bring his drive division Powertrain on the stock exchange. Moreover, 2019, the automotive supplier Vibracoustic, the long-distance bus company Flixbus or the sports trader Signa Sports could strive on the parquet. Also, some of the stock market candidates who have, due to the turbulence on the stock markets of their projects on ice, that could revive their plans.