Tuesday, May 29, 2007
Are rising costs and regulations detering public equity sales?
Short Version: more firms are choosing to sell public equity in Europe than in US. Is it because of increased regulations? Maybe. No doubt they play a role.Bloomberg.com: Exclusive: "Fees in Europe range from 1 percent ...5.4 percent... Underwriting fees for more than half of the deals in Europe are undisclosed...By comparison, 71 of the 111 initial stock sales on U.S. exchanges this year
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