Europe floats into 2014

The first-day 'pop' is back for European IPO's, which are enjoying a long-overdue resurgence

They're back. Not so long ago, the market for initial public offerings in Europe was moribund. That wasn't just down to the euro-zone crisis.

The poor performance of some high-profile flotations led some big institutional investors to criticise the IPO process and blame investment bankers for overpricing deals.

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