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Stock impact report

Big-ticket IPOs return as small-cap exodus reshapes Canada's markets [Wealth Professional (Canada)]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Canada's IPO market is lining up its biggest deals since 2021 at the same time as billions of dollars in smaller companies disappear from the public markets. According to Bloomberg , Canadian generic drug manufacturer Apotex Inc. is considering an initial public offering in Toronto in the first half of the year that could raise US$750m to US$1bn, which would make it the country's largest debut since Definity Financial Corp. raised about $1.6bn in November 2021. RBC Capital Markets, Jefferies Financial Group and TD Securities are advising on the potential transaction with timing and size still subject to change. Bloomberg says Apotex is one of several names testing a long-dormant IPO market Saskatchewan-based AGT Food and Ingredients Inc. has said it plans to return to Canada's public markets and is seeking to raise up to $460m. For the first time since 2021, multiple firms are moving toward IPOs on the Toronto Stock Exchange after a stretch in which often only one or two co Show less Read more
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