LONDON — A survey shows that companies’ initial public offerings of shares fell by a fifth in the first half of 2018 due to geopolitical tensions like Brexit and the threat of trade wars.

In a report released Thursday, law firm Baker McKenzie cites the lack of progress in Britain’s exit from the European Union and U.S. President Donald Trump’s decision to impose tariffs on several countries.

IPOs held in the countries where companies are based fell by 18 percent in volume from a year earlier.

Continue reading LONDON | Geopolitical tensions lead to drop in company IPOs – study at STL.News.



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