Does bookbuilding, foreign investment and higher priced IPOs – An Israeli Perspective

Introduction is already written in the attached file along with sources you can use. Israel in the last 5 years has began to raise IPOs using the bookbuilding method, common in the United States, over its previously used Dutch Auction process. This paper will look at whether the higher valuations associated with bookbuilding IPOs comes from more foreign investors coming in, as they are more comfortable with the American bookbuilding model.

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