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News   Featured News   Fewer IPOs in Canada last year but value rises...

Fewer IPOs in Canada last year but value rises 30% to $3.5B: PwC study

Canadian Press, The Canadian Press
0 Comments| January 5, 2015
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TORONTO _ There was only one sizeable initial public offering of shares on the Toronto Stock Exchange in the fourth quarter, the $810-million IPO by Seven Generations Energy Ltd.(TSX: T.VII, Stock Forum)
in November, according to an annual study by the PwC advisory group.

The report says 7G's stock offering was the second-largest of 2014 _ well behind the $1.4 billion IPO by PrairieSky Royalty Ltd. (TSX: T.PSK, Stock Forum) in the second quarter.

For the full year, PwC says $3.5 billion was generated in 2014 through 14 Canadian IPOs _ compared with $2.7 billion through 18 IPOs in 2013.

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