PwC: less IPOs on WSE, but more valuable

The number of initial public offerings (IPOs) on the Warsaw bourse continued to fall last year, however its value increased by €127 million on a yearly basis and amounted to €440 million, according to a report compiled by PwC consulting company. There was 32 IPOs on the WSE in 2015, 14 of them were held on the main floor, 18 on the alternative NewConnect. PwC reminded at the same time that in 2013 the number of such offers stood at 54 and in 2014 - 35. Most valued IPOs were the ones carried out by Uniwheels (€126 million euro), Wirtualna Polska (€74 million) and Idea Bank (€62 million). Overall, in Europe, IPOs amounted to €57.4 billion, which is "the biggest activity in the market since the financial crisis."