The number of IPOs fell to 751 in 2012 from 1,277 a year earlier and the amount raised dropped...

|By:, SA News Editor

The number of IPOs fell to 751 in 2012 from 1,277 a year earlier and the amount raised dropped 29% to $113.1B as declines in Europe and China offset an increase in the U.S., where Facebook's listing helped bring a 15% rise in the money raised to $38.9B. Advisers predict continued activity in the U.S. housing and technology sectors, and a revival in China.