34 companies go public last year, raising 60 bln Turkish Liras
Bianca Popa
ISTANBUL Some 34 initial public offerings ( IPO ) were launched in Türkiye last year, according to a new report by the U.K.-based professional services firm EY. The number of IPOs decreased by 1/3 while IPO proceeds decreased by 25 percent compared to 2023 to 60 billion Turkish Liras ($1.7 billion). Türkiye had a 3 percent share in the global IPO market by number of deals. With 34 IPOs, the country ranked top in Europe by number of deals, said EY. Some 1,215 IPOs took place in the world last
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