Capital markets

Author: | Published: 1 Jul 2007
Do you think there is a growing trend towards dual-track offerings rather than straight IPOs or takeovers?
If so, is this driven by private equity?
Would you passport securities into other EU countries under the Prospectus Directive?
Do you feel that competitive IPOs generally produce better value?
Are more European companies following the US/UK model of consulting external capital markets lawyers regarding disclosure?

Three-quarters of respondents to the poll see a growing trend in dual track offerings as opposed to traditional IPOs or takeovers.

"They make a lot of sense. It helps that both methods are strong at the moment," says an in-house lawyer at a major drinks manufacturer. "I work for a company that will never do another IPO, but if I were in that situation I would opt for a dual-track."