o 68 IPOs, estimated to raise $17.2bn, were withdrawn post launch in 2011, the same number as in 2010 (estimated to raise $21.6bn)

o Spanish lottery operator Loterias y Apuestas del Estado’s IPO, expected to raise $10.1bn, was the largest withdrawn/postponed IPO of 2011

· Asia Pacific issuers had the highest number of withdrawn/postponed IPOs in 2011 with 133 deals (estimated to raise $13.5bn), followed by Americas (107 deals) and EMEA (53 deals)

o Asia Pacific issuers also completed the highest volume of IPOs in 2011 with $80.6bn and a 48% share of global IPO volume. However, this was down from $185.1bn and a 66% share in 2010

· Goldman Sachs led the completed IPO bookrunner ranking in 2011 with a 6.7% share ($11.3bn via 54 deals), followed by Morgan Stanley with 6.0% share ($10.1bn via 67 deals)

(Dealogic)