More Companies Going Private Than Public Amid Tough IPO Climate

Turmoil across equity capital markets over the past 18 months has resulted in more companies being taken private this year than listing via traditional initial public offerings.

There have been 47 proposed or completed deals to take a public firm private with a total value of $113 billion, according to research from Bloomberg Intelligence analyst Andrew Silverman. That compares with 39 US-based companies that have gone public via traditional IPOs on domestic exchanges, raising a modest $9.3 billion. The divide continues a trend that started early last year when the market collapsed as the Federal Reserve started raising interest ...