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Credit crisis hurts IPO market
- United Arab Emirates: Wednesday, October 03 - 2007 at 09:11
Initial public offerings came to a virtual halt last month in Europe, the Middle East and Africa (EMEA) markets due to credit market fears, reported Rueters citing a report by market research firm Dealogic. In September, total IPO volume in EMEA markets plunged 91%, compared to the same month last year, to US$524m.
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Jeff Florian, Senior ReporterWednesday, October 03 - 2007 at 09:11 UAE local time (GMT+4)
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