Sunday, 23 September 2018

MegaFon raises $1.7bn from London IPO

By Mary Lennighan, Total Telecom
Wednesday 28 November 12

Russian telco's shares slide after initial public offering.

The long-awaited London IPO of Russian telecoms operator MegaFon met with a lukewarm reception on Wednesday. The operator priced its shares at $20, the bottom of its $20-$25 range, and raised $1.7 billion from the offering, valuing the company as a whole at $11…

The long-awaited London IPO of Russian telecoms operator MegaFon met with a lukewarm reception on Wednesday. The operator priced its shares at $20, the bottom of its $20-$25 range, and raised $1.7 billion from the offering, valuing the company as a whole at $11…

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