Abstract
Fast forward now to the endgame, after the company is public. Starting first with the performance of shares on a public market; how will they perform? Bergström, Nilsson, and Wahlberg present the performance of a data-set of 152 private-equity-backed IPOs against 1,370 non-private equity-backed firms in London and Paris between 1994 and 2004. Have these firms been underpriced by their issuers? Do private-equity-backed IPOs outperform their non-private-equity-backed counterparts? And how do these two groups fare against indexed performance?
- © 2006 Pageant Media Ltd
Don’t have access? Register today to begin unrestricted access to our database of research.
Log in using your username and password
In this issue
Underpricing and Long-Run Performance Patterns of European Private-Equity-Backed and Non-Private-Equity-Backed IPOs
