Risky tactics return amid IPO wave

As a tide of activity and controversial practices return to equity capital markets, some flotations could be in danger of a wipeout

The “dysfunctionality” of the market for initial public offerings was a big talking point a couple of years ago. Judging by the first three months of 2014, all that was needed to get it moving again was inflows into equity funds.

A total of $6.4 billion has been raised through 10 flotations on the main market of the London Stock Exchange in the first quarter of this year, according to Dealogic, with a slew of deals pencilled in for the second quarter.

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How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line