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BNP Paribas SA

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BNP Sees US Tech IPOs Fueling Appetite for Deals in Europe

BNP Sees US Tech IPOs Fueling Appetite for Deals in Europe Mega IPOs by some of the largest privately held tech companies are likely to fuel appetite for stock sales in Europe’s tech industry as well, according to a top BNP Paribas SA investment banker. Elon Musk’s Space Exploration Technologies Corp., ChatGPT creator OpenAI and rival Anthropic PBC have all filed to go public in the US, creating a pipeline of sales worth some $3.6 trillion. The sheer size of the offerings and the excitement...

Bloomberg Technology 9h ago