Brexit hits London IPOs, big drop -75%

The exit of Britain from the European Union sent the financial markets crisis and forces companies that looked at the IPO as a concrete option to review their plans. According to a study by PriceWaterhouseCooper, placements in Europe will not collect more than 25 billion euro by the end of 2016, less than half of the 57.4 billion of 2015.
According to the study, the debuts on the stock exchange fell by 26% influenced by global uncertainties on the economy's health and the outcome of the referendum on 23 June decreed Brexit. London is the place "to pay more", with a steep fall of 75% of assets.
According to Christian Alessandrini, PwC partners, "following the outcome of the referendum on the United Kingdom by the EU, we expect that in Europe the IPO will return gradually in the market between late 2016 and early 2017, with improving the confidence of investors and conditions of the Stock Exchange. the performance of the Italian market – he added – it will also be affected by the October referendum that could create a further delay in the recovery of prices. "