Business & Finance
Oura and Aggreko IPO Plans Are Latest Signs of Europe Losing Out
Key Points
Oura and Aggreko IPO Plans Are Latest Signs of Europe Losing Out Fresh signs of European stock exchanges losing out to the US in attracting key IPOs have emerged this week, despite bourses and governments intensifying their efforts to win and retain listings. Glasgow-based power equipment firm Aggreko Plc is the latest European company to file for a US initial public offering, which could value it at about $15 billion. Finnish smart ring startup Oura Health Oy could raise as much as $3...
Oura and Aggreko IPO Plans Are Latest Signs of Europe Losing Out
Fresh signs of European stock exchanges losing out to the US in attracting key IPOs have emerged this week, despite bourses and governments intensifying their efforts to win and retain listings.
Glasgow-based power equipment firm Aggreko Plc is the latest European company to file for a US initial public offering, which could value it at about $15 billion. Finnish smart ring startup Oura Health Oy could raise as much as $3 billion in New York as soon as September, Bloomberg reported.