The European markets have, for the third year running, outperformed those in the US both in terms of volume of IPOs and total value of offerings. Europe has also remained ahead of Greater
China in 2007, but growth in those markets has meant that the gap has narrowed very significantly. London was the most successful European market in 2007 with an increased market share by offering value of 49%, despite a fall in the volume and value of IPO activity.
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