Public or private equity? How accelerated IPOs can increase competition in offerings
This clinical paper analyses a new way of conducting IPOs which has recently been introduced in the U.K. The essential feature of Accelerated IPOs (aIPOs) is that investors from syndicates to bid for the entire offering, and then execute an immediate IPO (within a week). Vendors can use an auction...
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Format: | Working paper |
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University of Oxford
2008
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