This edition of the Bermuda Public Companies Update
summarises significant transactions involving Bermuda companies on
the New York Stock Exchange and Nasdaq in the second half of
2021.
Global market update
Equities continued to rally in the second half of 2021, wrapping
up yet another banner year of positive returns for investors. The
benchmark S&P 500 index rose 26.89% which marks its third
straight yearly gain. More companies went public in 2021 than ever
before (>1,800 globally) and the overall value of mergers and
acquisitions hit a record-setting US$5.8 trillion, according to
Refinitiv. This historic year in dealmaking also delivered a spike
in "mega-deals" exceeding US$5 billion in value.