Bahcivan urges regulator to approve IPO applications in Turkey

Bahcivan urges regulator to approve IPO applications in Turkey

A group of multi-billion dollar businesses is poised to stage a comeback for Europe’s market for initial public offerings (IPOs) this fall, potentially compensating for the region’s slowest first half in over a decade [1]. Verisure, Shawbrook Group Plc, and ISS Stoxx GmbH are among the businesses gearing up for the next window for IPOs, which typically starts in mid-September and runs through to early November. At least a dozen companies are eyeing public debuts, with several major IPOs that could raise billions of dollars [1].

Verisure, majority-owned by Hellman & Friedman, is considering an IPO in Stockholm this year, which could raise between €3 billion and €4 billion ($3.5 billion to $4.6 billion) [1]. Nordic Capital is weighing an IPO of Swedish consumer lender NOBA Bank Group AB, which could value it at about €3 billion [1]. Frankfurt and the City of London are also expected to see increased activity, with several companies preparing to go public [1].

Meanwhile, General Atlantic-backed SMG Swiss Marketplace Group AG is considering an IPO in Zurich as soon as next month, which could raise about 1 billion Swiss francs ($1.2 billion) [1]. Additionally, several companies are preparing to spin off units to their existing shareholders in the second half of the year, further indicating that capital markets are regaining momentum [1].

However, market conditions and competing M&A options may still pose challenges to these deals. Deutsche Boerse AG is considering buying out ISS Stoxx’s minority shareholder General Atlantic as an alternative to a listing [1].

References:
[1] https://www.bloomberg.com/news/articles/2025-08-26/europe-s-ipo-market-prepares-to-bounce-back-from-tariff-turmoil