Russneft is about to place 25-49% shares on the Moscow Stock Exchange before the end of 2016
Edited by Rhod Mackenzie / 2016-06-06 07:23:10
An oil company “”Russneft”, controlled by M.Gutseriev and his family, started preparation to IPO. It plans to place 25-49% shares on the Moscow Stock Exchange before the end of the year, RBK writes citing the president of Binbank and co-owner of “Russneft” M.Shishkhanov. There will be placed both privileged and ordinary shares. IPO in London is regarded as an alternative, but “optimal” variant is Moscow Stock Exchange.
