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Euronext launches US-style prospectus in bid to lure more IPOs

Chief executive says Europe ‘cannot wait anymore’ to reform capital markets

Europe’s stock exchanges are facing competition from the US XAVIER GALIANA/AFP via Getty Images
Europe’s stock exchanges are facing competition from the US XAVIER GALIANA/AFP via Getty Images

Euronext has launched a US-style single prospectus for companies to raise funds on its seven stock exchanges in a bid to boost Europe’s IPO market.

The continent’s largest exchange operator said a shared structure for offering documents would simplify the process for investors and create consistency between different jurisdictions.

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