Robert Venes is assistant editor of equities and structured equity at IFR. Robert joined IFR in late 2009 from sister title Acquisitions Monthly, where he focused on private equity transactions and fundraisings. He was previously associate editor at Private Equity International and, before that, editor of Venturedome.
- +44 (0) 20 7542 8326
European capital markets have been plunged into deep uncertainty after the UK voted to leave the European Union, with bankers and investors struggling to digest what the unprecedented decision will mean.
Deals have slowed to a trickle in Europe ahead of the UK referendum on its membership of the European Union this Thursday, with many issuers and investors preferring to sit on the sidelines for fear of getting caught up in any market turbulence.
Dong Energy shares began trading on Thursday’s debut at DKr255, the top of the price range on its DKr17.1bn (US$2.6bn) privatisation and a full DKr20 above the IPO pricing of DKr235.