More than sixty SMEs will still go public in 2006

As was reportet by the Handelsblatt magazine, according to the estimates of the Federal Association of German financial holdings (BVK) there will still be numerous IPOs by small and medium-sized entities (SMEs) in 2006. The »IPO 2006 survey« by the association revealed that the portfolio of German financial holdings comprises many numerous listable companies. Reason for this is said to be an improvement of the general framework by the setting up of the »Entry Standard« market segment on the Frankfurt stock exchange last year. Half of the companies eligible to being listed are financed by means of private equity (⇒ Wikipedia).

The BVK managing director, Mr. Holger Frommann, considers 143 companies to be ready for an IPO. According to their own declarations the financial holdings are preparing a total of 61 IPOs still in 2006 and a further 42 next year. More than fifty percent of people questioned in the IPO 2006 survey give a good mark to the »Entry Standard« market segment. The original article is available here. GERMAN