Breaking News, World News and Taiwan News.

Russian mobile giant Megafon plans to launch IPO on LSE in 4th quarter

AFP
October 10, 2012, 12:30 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

MOSCOW--Russia's number two mobile phone operator Megafon announced on Tuesday it planned to launch an IPO on the London Stock Exchange in the fourth quarter, in one of the biggest Russian share offerings of the year.

The company said in a statement that it intended to proceed with the IPO in the fourth quarter, subject to market conditions, using shares belonging to a Cyprus-based subsidiary and its Swedish shareholder TeliaSonera.

“Today is the right time for our IPO which will support a new stage in Megafon's development,” chief executive Ivan Tavrin said.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	General Motors to bring 1,500 jobs to new Michigan technology center

NEXT ARTICLE
BP sells Texas City refinery to US corporation Marathon Petroleum

Sponsors
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	"JJshouse is the leading supplier of all kinds of dresses. You can buy your favorite prom dresses here."
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.