The London Stock Exchange’s AIM market is drawing a record number of Canadian companies, according to a study from PricewaterhouseCoopers.
Thirteen new issues raised $425 million, exceeding the previous high-water mark set in 2004 of 12 listings and $198 million.
“AIM was launched in 1995 and has quickly emerged as an international growth market,” said Ari Sahakian, a director with PwC’s Transaction Advisory Group. The 43 AIM-listed Canadian companies represent approximately 14 per cent of the 306 international companies listed, second only to Australia at 16 per cent.
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