Breaking News, World News and Taiwan News.

Moscow Exchange announces initial public offering goal of US$4.6 billion

AFP
February 5, 2013, 12:27 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

MOSCOW -- Russia's main stock exchange said on Monday that its initial public offering set to be held in Moscow later this month will value the company at US$4-4.6 billion.

The Moscow Exchange — formed in a 2011 merger of the MICEX and RTS bourses — set its price range at 55-61 rubles (US$1.84-US$2.10) per share for the Feb. 15 listing.

The exchange said in a statement that it hoped to raise more than US$500 million from the offering so that it can boost the capitalization of its clearing subsidiary and improve its IT infrastructure.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	Secretive Turkmenistan reveals plans for privatization program

NEXT ARTICLE
US dollar loses NT$0.088 to finish day at NT$29.580 on Taipei forex

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