In the latest edition of our Bermuda Public Companies
Update we recap significant transactions involving
Bermuda public companies over the period H1 2019.
Global market update
The first half of 2019 saw a notable slow-down in global market
activity from the same period last year. Capital raised in the
global IPO market fell by 37%, with volume down 34% on last year. A
total of US$69.8 billion was raised across 514 IPO deals. In
contrast, North America was the only region to show an increase in
capital raised, up 13%. The US domestic IPO market rebounded in
early 2019 after a slow end to last year. H1 2019 saw a parade of
high-value tech companies go public in the US, and despite the Uber
and Lyft IPOs, investor demand remains generally robust, though
trading has been volatile.
