Europe's equity markets are humming. Despite uncertainty
over Russia's Ukrainian exploits, volatility is down and
listing windows are open for longer.
But all this activity is putting a strain on a trend that
began during lean times: the early look, a process of parading
a potential listing company to major investors, months before
even the traditional round of pilot fishing.
The reasons for the development are clear. When volatility
was the norm and initial public offerings (IPOs) were rare,
companies needed early assurances...