Predictions for a booming IPO market in the first quarter of 2010 look overwhelmingly optimistic. Although the number of deals filed is the highest for two years, only 12 US firms had undertaken IPOs up to February 19, and only 134 firms globally.
“There was a tremendous amount of optimism that began to build last summer which resulted in an uptick in the number of filings,” says Mary Ann Deignan, Americas head of equity capital markets at UBS.
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