ISS IPO postponed

The $2.5bn share sale was put on hold because of the recent market volatility caused by the earthquake and nuclear disaster in Japan and crisis in the Middle East. Reports suggest that enough orders had been received to complete the deal in its target price range but the plans were shelved due to the potential for the shares to lose value at the start of trading today.

It is also believed that Apollo has postponed the start of marketing of its IPO. The private equity group recently announced that it was planning to list on NYSE in the coming weeks.

Although the public markets are expected to outperform 2010, professionals at a recent Taylor Wessing seminar said that global events can have a major impact on the success of these predictions.

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