Japan deal drought cuts IPO fundraising to lowest in 14 years
FROM THE PUBLISHER
Fundraising through initial public offerings (IPOs) in Japan is drying up, in contrast to a dealmaking boom across Asia, after regulatory changes and a dearth of artificial intelligence related companies depleted up the listings pipeline.The number of first-time offerings fell to 32 this year through the end of September, the lowest nine-month tally since 2012, according to Bloomberg-compiled data. The amount of funds raised by companies including taxi app provider Go slid to a four-year…
Original reporting by The Japan Times. Some articles may require a subscription.