{"id":202001,"date":"2025-02-06T09:45:00","date_gmt":"2025-02-06T14:45:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/"},"modified":"2025-02-07T13:52:55","modified_gmt":"2025-02-07T13:52:55","slug":"steady-ma-deals-to-begin-2025-disappointing-ipos-so-far","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/","title":{"rendered":"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Hopes were high for a rebound in capital-markets activity this year<\/li>\n\n\n\n<li>A few notable Health Care deals along with M&amp;A in the AI-adjacent and reshoring themes occurred in January<\/li>\n\n\n\n<li>A pair of underwhelming IPOs to begin 2025 is far from a new-issue renaissance<\/li>\n<\/ul>\n\n\n\n<p>January is in the books, and markets are still waiting on a big rebound in the dealmaking space. Investors rooting for increased M&amp;A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts. Still, 2025\u2019s first month featured notable buyouts while the year\u2019s biggest IPO garnered some trading-floor buzz before shares fell flat on its first day of trading.&nbsp;<\/p>\n\n\n\n<p>Most analysts and strategists have been upbeat on more fast-paced capital markets now that there\u2019s some clarity when it comes to policy. Last November\u2019s election results suggested that a wave of deregulation and business-friendly conditions may materialize. Of course, we are just two weeks into President Trump\u2019s second term and the 119th Congress is barely a month old. For now, the focus seems to be tariff talk and cabinet confirmations rather than cutting much red tape.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-m-amp-a-announcements-rose-slightly-in-2024\"><strong>M&amp;A Announcements Rose Slightly in 2024<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"737\" height=\"423\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/02\/250203_wsh_ma.png\" alt=\"M&amp;A Announcements Rose Slightly in 2024\" class=\"wp-image-202005 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/250203_wsh_ma.png 737w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/250203_wsh_ma-700x402.png 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/250203_wsh_ma-300x172.png 300w\" data-sizes=\"(max-width: 737px) 100vw, 737px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 737px; aspect-ratio: 737\/423;\" \/><\/figure>\n\n\n\n<p><em>Source: Wall Street Horizon<\/em><\/p>\n\n\n\n<p>Past performance is not indicative of future results<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vital-signs-are-good-in-health-care-m-amp-a\"><strong>Vital Signs are Good in Health Care M&amp;A<\/strong><\/h2>\n\n\n\n<p>Politics aside, executives who gathered at the JP Morgan Healthcare Conference 2025 sounded broadly confident that this year will be more active for corporate consolidation.<sup>1<\/sup>&nbsp;It wasn\u2019t just a tone thing, either. Among the biggest global acquisitions YTD was Johnson &amp; Johnson\u2019s (JNJ) $14.6 billion takeover of Intra-Cellular Therapies Inc (ITCI).<sup>2&nbsp;<\/sup>Also at the event, the UK\u2019s GSK (GSK) announced a $1.2 billion buyout of IDRx, a Boston-based, clinical-stage biopharma company.<sup>3<\/sup><\/p>\n\n\n\n<p>Both are significant moves, perhaps done more out of the reality that patent cliffs on the horizon could pose revenue risks. Moreover, drug pipelines must be replenished given today\u2019s fast-paced and AI-aided pharmaceutical industry. Finally, the world\u2019s most valuable Health Care sector company by market cap, Eli Lilly (LLY) purchased a clinical oncology drug candidate from Scorpion Therapeutics on January 13.<sup>4<\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-deals-give-an-alpha-boost-to-health-care\"><strong>Deals Give an Alpha-Boost to Health Care<\/strong><\/h2>\n\n\n\n<p>So, it was a healthy start to the year, M&amp;A-wise, for one of the worst-performing sectors of the S&amp;P 500\u00ae in 2024. The Health Care sector\u2019s strong early-year return is potentially a shot in the arm, but interest rates that remain high compared with recent years could be a macro headwind, particularly for the biotech area.&nbsp;<\/p>\n\n\n\n<p>Keep your eye on&nbsp;<a href=\"https:\/\/www.wallstreethorizon.com\/blog\/Q1-2025-Investor-Conference--Events-Highlights\">several conferences<\/a>&nbsp;on tap in March for a potential second wave of M&amp;A in the sector. We\u2019re also in the heart of Health Care earnings season; Merck (MRK), Pfizer (PFE), and Amgen (AMGN) reported earlier this week, and we\u2019ll hear from Eli Lilly Thursday night.<\/p>\n\n\n\n<p>This earnings season will provide crucial insights not just for the healthcare sector, but the broader market as well. To delve deeper into the current earnings landscape and what it signals for the 2025 outlook,&nbsp;<a href=\"https:\/\/us06web.zoom.us\/webinar\/register\/4817386087000\/WN_bvYHVkzlSd-afUe0xWURZA\">join us for our upcoming webinar<\/a>, &#8220;For the Love of Earnings: Decoding Corporate Earnings Trends and the 2025 Outlook.&#8221; Experts Nick Colas of DataTrek Research and Chris Petrescu of CP Capital will examine current earnings trends, share their data-driven analysis, and discuss potential outcomes for the remainder of the year. Topics for discussion include the implications of a potential new Trump administration, the future of the &#8220;Magnificent 7&#8221; tech giants, and the potential impact of Federal Reserve rate cuts on US corporations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-will-ai-save-the-day-a-shocking-deal-in-the-utilities-sector\"><strong>Will AI Save the Day? A \u2018Shocking Deal\u2019 in the Utilities Sector.<\/strong><\/h2>\n\n\n\n<p>Venturing to other corners of the market, the C-suites from manufacturing to services are undoubtedly staying on top of the latest AI happenings. On January 14, nuclear power provider Constellation Energy (CEG) announced plans to acquire Calpine, a privately held natural gas and geothermal company, for $16.4 billion.<sup>5<\/sup>&nbsp;It was one of the biggest deals in recent memory within the Utilities sector.&nbsp;<\/p>\n\n\n\n<p>The cash-and-stock takeover preceded DeepSeek&#8217;s language model release, which appeared to disrupt the nuclear power industry last month. As the balance of the reporting season unfolds, it will be interesting to see if power providers, namely those with significant data center exposure, hint at other corporate actions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-reshoring-alive-and-well-nbsp\"><strong>Reshoring Alive and Well?&nbsp;<\/strong><\/h2>\n\n\n\n<p>Over in the Industrials sector, United Rental (URI) announced its intention to buy H&amp;E Equipment Services (HEES) for $4.8 billion on January 14.<sup>6<\/sup>&nbsp;HEES shares more than doubled in the session that followed, but URI took off too. It\u2019s common for the acquiree to receive a takeover premium, of course, but the acquirer doesn\u2019t always rally; it could indicate that investors currently welcome buyouts in today\u2019s environment. For URI, the company could be positioning itself for further reshoring and infrastructure construction demand in 2025 and beyond.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2025-s-first-energy-ipo\"><strong>2025\u2019s First Energy IPO<\/strong><\/h2>\n\n\n\n<p>Is it an M&amp;A boom? Surely not, but that scene may look better than the year-to-date IPOs. There have really only been a pair of major new listings, maybe due to the reality that private markets are very deep today.&nbsp;<\/p>\n\n\n\n<p>The first was Venture Global (VG), the second-largest US exporter of liquified natural gas.<sup>7<\/sup>&nbsp;As a pure-play LNG company, it\u2019s at the leading edge of domestic energy dominance and Europe\u2019s need for low-cost energy. The stock priced at $25 but settled at $24 on its first trading day \u2013 a tepid beginning to what\u2019s hoped to be a big year for big deals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-newest-consumer-staples-stock\"><strong>The Newest Consumer Staples Stock<\/strong><\/h2>\n\n\n\n<p>VG is valued at about $50 billion; the other notable IPO in January was Smithfield Foods (SFD) with a market cap of $8 billion. A household name, shares dropped from an opening gap higher on their debut, eventually closing under the IPO price. What\u2019s more, Smithfield priced at $20 per share, well below its expected range of $23-$27.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-on-down-the-road\"><strong>On Down the Road&#8230;<\/strong><\/h2>\n\n\n\n<p>What new issues could be in the offing? Chime and Klarna seem to be perennial companies on the outlook list, but other firms like Cerebras Systems (another AI and deep learning enterprise) and CoreWeave (a cloud-computing startup catering to AI developers) could certainly attract major attention.&nbsp;<\/p>\n\n\n\n<p>For now, we\u2019ll all just have to monitor earnings reports, listen to earnings calls, and stay abreast of developments at early-year conferences and industry events for clues on future capital markets activity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-global-ipo-count-no-bounce-yet\"><strong>Global IPO Count: No Bounce Yet<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"741\" height=\"455\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/02\/250203_wsh_ipo_knP.png\" alt=\"Global IPO Count: No Bounce Yet\" class=\"wp-image-202007 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/250203_wsh_ipo_knP.png 741w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/250203_wsh_ipo_knP-700x430.png 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/250203_wsh_ipo_knP-300x184.png 300w\" data-sizes=\"(max-width: 741px) 100vw, 741px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 741px; aspect-ratio: 741\/455;\" \/><\/figure>\n\n\n\n<p><em>Source: Wall Street Horizon<\/em><\/p>\n\n\n\n<p>Past performance is not indicative of future results<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-bottom-line\"><strong>The Bottom Line<\/strong><\/h2>\n\n\n\n<p>Ready. Set. Wait. That&#8217;s kind of been the disposition of investors and Wall Street bankers hoping for booming M&amp;A activity and an IPO renaissance in 2025. The tenor is measured so far, but a slew of Health Care deals and other buyouts related to AI power demand and reshoring make for an okay start. We\u2019ve yet to see those exciting first-day IPO pops, though. Will it change? Stay tuned and keep your eye on that corporate body language!<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted February 5, 2025 &#8211; <a href=\"https:\/\/wallstreethorizon.com\/blog\/Steady-MA-Deals-to-Begin-2025-Disappointing-IPOs-So-Far\">Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far<\/a><\/p>\n\n\n\n<p><strong>1 Key Takeaways From the 2025 J.P. Morgan Health Care Conference, Ballard Spahr, Margaret Bolce Brivanlou, January 22, 2025,&nbsp;<a href=\"https:\/\/www.ballardspahr.com\/insights\/alerts-and-articles\/2025\/01\/key-takeaways-from-the-2025-jp-morgan-health-care-conference\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.ballardspahr.com<\/a><br>2 Johnson &amp; Johnson Strengthens Neuroscience Leadership with Acquisition of Intra-Cellular Therapies, Inc., Johnson &amp; Johnson, January 13, 2025,&nbsp;<a href=\"https:\/\/www.investor.jnj.com\/news\/news-details\/2025\/Johnson--Johnson-Strengthens-Neuroscience-Leadership-with-Acquisition-of-Intra-Cellular-Therapies-Inc\/default.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.investor.jnj.com<\/a><br>3 GSK enters agreement to acquire IDRx, Inc., GSK plc, January 13, 2025,&nbsp;<a href=\"https:\/\/www.gsk.com\/en-gb\/media\/press-releases\/gsk-enters-agreement-to-acquire-idrx-inc\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.gsk.com<\/a><br>4 Lilly to acquire Scorpion Therapeutics&#8217; mutant-selective PI3K\u03b1 inhibitor program, Eli Lilly and Company, January 13, 2025,&nbsp;<a href=\"https:\/\/investor.lilly.com\/news-releases\/news-release-details\/lilly-acquire-scorpion-therapeutics-mutant-selective-pi3ka\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/investor.lilly.com<\/a><br>5 Constellation to Acquire Calpine; Creates America\u2019s Leading Producer of Clean and Reliable Energy to Meet Growing Demand for Customers and Communities, Constellation, January 10, 2025,&nbsp;<a href=\"https:\/\/www.constellationenergy.com\/newsroom\/2025\/constellation-to-acquire-calpine-creates-americas-leading-producer-of-clean-and-reliable-energy-to-meet-growing-demand-for-customers-and-communities.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.constellationenergy.com<\/a><br>6 United Rentals to Acquire H&amp;E Equipment Services, Inc., United Rentals, January 14, 2025,&nbsp;<a href=\"https:\/\/investors.unitedrentals.com\/press-releases\/press-releases-details\/2025\/United-Rentals-to-Acquire-HE-Equipment-Services-Inc\/default.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/investors.unitedrentals.com<\/a><br>7 Venture Global closes below IPO price in disappointing debut despite Trump\u2019s support of LNG industry, CNBC, Spencer Kimball, Pippa Stevens, January 24, 2025,&nbsp;<a href=\"https:\/\/www.cnbc.com\/2025\/01\/24\/venture-global-vg-initial-public-offering-ipo.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.cnbc.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors rooting for increased M&amp;A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts. <\/p>\n","protected":false},"author":586,"featured_media":202002,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[147,8,12,153,148,7],"tags":[],"contributors-categories":[455],"class_list":{"0":"post-202001","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-stocks","11":"category-text-articles","12":"category-traders-insight","13":"contributors-categories-wall-street-horizon"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far<\/title>\n<meta name=\"description\" content=\"Investors rooting for increased M&amp;A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/202001\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far\" \/>\n<meta property=\"og:description\" content=\"Investors rooting for increased M&amp;A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T14:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-07T13:52:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/Steady-MA-Deals-to-Begin-2025.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christine Short\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christine Short\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Christine Short\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\"\n\t            },\n\t            \"headline\": \"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far\",\n\t            \"datePublished\": \"2025-02-06T14:45:00+00:00\",\n\t            \"dateModified\": \"2025-02-07T13:52:55+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/\"\n\t            },\n\t            \"wordCount\": 1352,\n\t            \"commentCount\": 0,\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2025\\\/02\\\/Steady-MA-Deals-to-Begin-2025.png\",\n\t            \"articleSection\": [\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/\",\n\t            \"name\": \"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far - IBKR Campus EU\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2025\\\/02\\\/Steady-MA-Deals-to-Begin-2025.png\",\n\t            \"datePublished\": \"2025-02-06T14:45:00+00:00\",\n\t            \"dateModified\": \"2025-02-07T13:52:55+00:00\",\n\t            \"author\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\"\n\t            },\n\t            \"description\": \"Investors rooting for increased M&A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2025\\\/02\\\/Steady-MA-Deals-to-Begin-2025.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2025\\\/02\\\/Steady-MA-Deals-to-Begin-2025.png\",\n\t            \"width\": 1920,\n\t            \"height\": 1080,\n\t            \"caption\": \"Steady M&A Deals to Begin 2025\"\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus EU\",\n\t            \"description\": \"\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\",\n\t            \"name\": \"Christine Short\",\n\t            \"description\": \"Christine Short, Head of Global Corporate Events Research, is focused on publishing research on Wall Street Horizon event data covering 9,500 global equities in the marketplace. Over the past 15 years in the financial data industry, her research has been widely featured in financial news outlets including regular appearances on networks such as CNBC, Fox Business and Yahoo Finance to talk corporate earnings and the economy.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/christine-short\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far","description":"Investors rooting for increased M&A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/202001\/","og_locale":"en_US","og_type":"article","og_title":"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far","og_description":"Investors rooting for increased M&A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/","og_site_name":"IBKR Campus EU","article_published_time":"2025-02-06T14:45:00+00:00","article_modified_time":"2025-02-07T13:52:55+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/Steady-MA-Deals-to-Begin-2025.png","type":"image\/png"}],"author":"Christine Short","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Christine Short","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/"},"author":{"name":"Christine Short","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51"},"headline":"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far","datePublished":"2025-02-06T14:45:00+00:00","dateModified":"2025-02-07T13:52:55+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/"},"wordCount":1352,"commentCount":0,"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/Steady-MA-Deals-to-Begin-2025.png","articleSection":["North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/","url":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/","name":"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/Steady-MA-Deals-to-Begin-2025.png","datePublished":"2025-02-06T14:45:00+00:00","dateModified":"2025-02-07T13:52:55+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51"},"description":"Investors rooting for increased M&A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts.","breadcrumb":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#primaryimage","url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/Steady-MA-Deals-to-Begin-2025.png","contentUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/Steady-MA-Deals-to-Begin-2025.png","width":1920,"height":1080,"caption":"Steady M&A Deals to Begin 2025"},{"@type":"BreadcrumbList","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/steady-ma-deals-to-begin-2025-disappointing-ipos-so-far\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Steady M&amp;A Deals to Begin 2025, Disappointing IPOs So Far"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51","name":"Christine Short","description":"Christine Short, Head of Global Corporate Events Research, is focused on publishing research on Wall Street Horizon event data covering 9,500 global equities in the marketplace. Over the past 15 years in the financial data industry, her research has been widely featured in financial news outlets including regular appearances on networks such as CNBC, Fox Business and Yahoo Finance to talk corporate earnings and the economy.","url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/christine-short\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/02\/Steady-MA-Deals-to-Begin-2025.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/202001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/586"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=202001"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/202001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media\/202002"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=202001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=202001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=202001"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=202001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}