WASHINGTON (dpa-AFX) - 2016 was the slowest year for initial public offerings in the US since 2009, according to research firm Dealogic.
As of July, 2016, 54 companies have raised $11.5 billion through IPOs, down from the $22.9 billion raised through 118 IPOs in the same period last year.
Market experts say private equity firms are more interested in selling off their companies than to take them public. Most of the private equity firms consider selling off as a less riskier option than going public during this volatile market conditions, as only just two IPOs have priced above range this year.
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