Tag Archives: crushes

Global IPO activity falls 45% as higher rates crushes deal activity

Global IPO activity falls 45% as higher rates crushes deal activity

It’s been a no good, very bad year for private companies eager to make their debuts on U.S. and global exchanges. Through December 14, there have been just 1,333 initial public offerings worldwide in 2022 which collectively raised $179.5 billion, marking a 45% drop in listings raising 61% fewer dollars compared to 2021. “Amid an environment defined by higher inflation and rising interest rates, investors have spurned new public companies and turned to less risky asset classes,” said Paul Go,… Source link

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‘Yahoo Boy’ crushes 2 to death in Ondo, vehicle set ablaze – Vanguard

. Dayo Johnson Akure Two persons have been crushed to death by a suspected ‘Yahoo boy’ at Ademulegun road in Ondo town, Ondo state. Four other persons were injured in the auto crash. The Toyota vehicle driven by the suspects last weekend was set ablaze by youths in the town after he fled the scene. It was gathered that the crash reportedly occurred at about 6:30 pm and it involved a Toyota Muscle car driven by a suspected Yahoo boy and a Tricycle. The suspect was driving along with… Source link

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