Amsterdam struggles for IPO as Brexit hits London lure

Amsterdam struggles for IPO as Brexit hits London lure

The decision of Polish e-commerce group InPost to choose Amsterdam for its stock exchange listing offers the latest sign that London may lose its grip as a shopping center after Brexit.

British Chancellor Rishi Sunak called the break with the EU financial services that began on January 1 as “Big Bang 2.0”, a trigger for the city of London to prosper.

But bankers say Amsterdam is already showing the potential to eat into London’s preeminence as the center of European financial markets. EU stock trading fled London to EU centers, including the Dutch city, on the first day outside the single market in early 2021. Wednesday’s announcement by the locker industry at Advent-backed package suggests that initial public offerings could gravitate towards European markets as well. stocks are livelier.

“Looking at options and the stock markets, Amsterdam looks very appealing because it seems that now that Euronext Amsterdam is becoming some kind of preferred technology…

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