Carnegie Investment Bank CEO says M&A helping offset IPO drought

Stockholm-based Carnegie Investment Bank AB is compensating for a downturn in its equity capital markets business through increased activity in mergers and acquisitions, according to Chief Executive Officer Björn Jansson.

Björn Jansson, CEO at Carnegie Investment Bank. | Photo: PR/Carnegie

Privately-owned advisory firm Carnegie Investment Bank was the top arranger of initial public offerings in the Nordic region last year but listings have since slowed to a trickle amid broad market turbulence and plunging share prices.

“We’ve seen an increase in M&A activity in the first half of the year,” Chief Executive Officer Björn Jansson said in an interview.

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