Arm’s IPO could ensure that other European companies also venture onto the market.
(Photo: dpa)
Frankfurt, Berlin The long lull in technology IPOs is about to end. Poor economic prospects, rising interest rates and high price fluctuations have made new issues significantly less attractive in recent months. But now in the USA, with the placement of the chip designer Arm, what is expected to be the largest Initial Public Offering (IPO) of this year is about to be completed.
“If investor interest is high, it can have a positive impact on Europe. “Many people are in the starting blocks here and are following the IPOs in New York,” says Adam Kostyál, head of the listing business of the US technology exchange Nasdaq in Europe, in an interview with Handelsblatt.
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