Ernst & Young Monthly News April 2009
Media
(Media release, HTML, English)
ZURICH/LONDON, 7 APRIL 2009 - Global IPO activity continues to stall, according to Ernst & Young's "2009 Q1 Global IPO Update". A
total of 50 IPOs worldwide raised just US$1.4 billion in capital between 1 January and 31 March 2009.
Only two deals raised over US$100 million. This compares with 78 IPOs worth US$2.6 billion the prior
quarter. IPO activity has fallen sharply year-on-year. In Q1 2008, 251 IPOs raised US$41.2 billion in capital
(this included the VISA IPO US$19.7 billion, which was the largest US IPO in history).
(Media release, HTML, English)
ZURICH/NEW YORK, 2 APRIL 2009 - It is no surprise that the continuing economic uncertainty throughout world
markets and the lingering impact of a global credit crunch are seen as the greatest risks faced by real estate companies.
(Media release, HTML, English)
Zurich, 31 March 2009 – The Swiss biotech sector continued growing in 2008. Although risk capital proved harder to
come by than in the record year of 2007, the sector nonetheless managed to expand by achieving higher sales, licensing
new products and starting up new companies. These are the main findings of this year’s Swiss Biotech Report, which was
presented as part of ‘Swiss Equity biotech day’.
(Media release, HTML, English)
Stefan Amstad, Willy Hofstetter and Louis Siegrist to become members of the Management Committee. Thomas Huwyler,
Markus Schweizer and Martin Studer to take on new management roles in the global organisation.
(PDF, French, 254 kB)
Source: L'Agéfi, 23 March 2009
Authors: Stephan Muller, Matthieu de Wolf, Ernst & Young
(PDF, Deutsch, 236 kB)
Source: SonntagsZeitung, 22 March 2009
Interview with Stephan Kuhn, Ernst & Young
(Media release, HTML, English)
ZURICH/LONDON, 19 MARCH 2009 – Unprecedented economic volatility means that the ‘accepted’ divestment norms no longer apply,
according to a new Ernst & Young report. Companies now need to think more creatively, prepare more carefully, act more decisively
and with greater flexibility to ensure their deals are successful – and all within a timeframe over which they have little control.
(PDF, French, 393 kB)
Source: Le Temps, 18 March 2009
Authors: Fabien Nanchen, Sibilla Cretti, Ernst & Young
(PDF, Italian, 56 kB)
Source: Corriere del Ticino, 12 March 2009
Author: Mario Tettamanti
(PDF, French, 348 kB)
Source: Le Temps, 3 March 2009
Authors: Bruno Oppliger, Alessandro Lana, Ernst & Young
(PDF, French, 77 kB)
Source: Le Temps, 2 February 2009
Authors: Philippe Zimmermann, Christian Röthlin, Ernst & Young