The regulatory environment for the past four years has not been incredibly favourable for mergers and acquisitions, it has not been favourable for consolidation of certain industries and so I think that is a big part of what was playing out today.
ACME Solar Holdings IPO subscribed 47% on Day 2. GMP falls to 2%
The IPO of ACME Solar Holdings has garnered significant attention as it opened for subscription on Wednesday. By Thursday, on the second day of bidding,