Article: Larger Deals Drive Increased Global IPO Activity in 2005 Says Ernst & Young.

LONDON -- IPO landscape shifts as nine of the ten biggest deals in 2005 list outside the US; Europe rebounds strongly; and China growth fuels Asia IPO markets

Global IPO activity saw sustained growth in 2005 according to figures released today by Ernst & Young and Thomson Financial. In the period from January through November 2005 $138.5 billion was raised in 1268 IPOs, already exceeding the $124 billion raised in the whole of 2004.

This increase in capital raised was led by larger deals in 2005 - there were 59 deals raising more than $500 million in January to November 2005, compared to 44 of a similar size in the same period in 2004. The three ...

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