EY expects better global IPO activities in second half of year

KUALA LUMPUR: EY sees favorable conditions lifting global initial public offering (IPO) activities to "greater momentum” by the second half of the year (2H23) despite a "somber performance through at least the first quarter.”

Citing its EY Global IPO Trends 2022 report, the international business consulting firm said many prospective IPO companies "are still going to take the ‘wait-and-see’ approach, holding out for the right window.”