Europe’s Equity Bankers Bet on Capex Wave to Ride Out IPO Slump
AI Summary
European companies are increasing capital expenditures on AI infrastructure and power grids, prompting a surge in capital raising activity by bankers despite a regional IPO downturn. This trend reflects strong investment in AI and energy sectors.
Record spending on AI infrastructure and power grids is fueling a flurry of capital raises by listed companies, giving bankers one of their busiest starts in years and eclipsing the slowdown of initial public offerings in the region.