Bids and Allocations in European IPO Bookbuilding.
This Paper uses evidence from a dataset of 27 European IPOs to analyse how investors bid and the factors that influence their allocations. We have the complete books for these deals - amounting to 5540 bids - and so can analyse directly how bids and allocations are related. All these deals are priva...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
CEPR
2002
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