European Companies Increasingly Choose New York for IPOs

European companies are increasingly turning to New York for initial public offerings (IPOs), with examples including UK-based Aggreko and Finnish company Oura. Aggreko's IPO could value the company at around $15 billion, while Oura aims to raise up to $3 billion. Despite better post-IPO performance on European exchanges, they struggle to attract large firms, raising concerns about capital concentration in Europe.

• European exchanges losing ground to US in attracting IPOs
• Aggreko plans US IPO potentially valuing it at $15 billion
• Oura aims to raise up to $3 billion in New York IPO
• US exchanges offer higher valuations and larger investor base
• European firms listed since 2024 trade 45% above IPO price
• US-listed firms see only 13% increase post-IPO