US initial public offerings are off to their strongest start to a year on record, as the equity market rally lures companies to list.
According to Dealogic, companies have raised nearly $8bn in IPOs so far this year, the most since it began tracking the market in 1995. At 17, the number of deals is the highest year to date since 1996.
The rush of deals is offering some hope to bankers and regulators after years of concern that companies were losing interest in public ownership or finding the requirements too onerous.
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