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Home Icon > About Us > News > Russian Shipping Giant Sovcomflot to Sell Up to 17% Stake in Moscow IPO

Russian Shipping Giant Sovcomflot to Sell Up to 17% Stake in Moscow IPO

MOSCOW, Sept 28 (Reuters) – Russia’s top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion roubles ($534 million) in an initial public offering (IPO) on the Moscow Exchange, the company and analysts said on Monday. Sovcomflot’s IPO comes at a difficult time for the Russian currency […]

WP_Post Object ( [ID] => 231433 [post_author] => 4 [post_date] => 2020-09-28 17:06:40 [post_date_gmt] => 2020-09-28 17:06:40 [post_content] => yamal lngMOSCOW, Sept 28 (Reuters) – Russia’s top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion roubles ($534 million) in an initial public offering (IPO) on the Moscow Exchange, the company and analysts said on Monday. Sovcomflot’s IPO comes at a difficult time for the Russian currency […] [post_title] => Russian Shipping Giant Sovcomflot to Sell Up to 17% Stake in Moscow IPO [post_excerpt] => MOSCOW, Sept 28 (Reuters) – Russia’s top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion roubles ($534 million) in an initial public offering (IPO) on the Moscow Exchange, the company... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => russian-shipping-giant-sovcomflot-to-sell-up-to-17-stake-in-moscow-ipo [to_ping] => [pinged] => [post_modified] => 2020-09-28 17:06:40 [post_modified_gmt] => 2020-09-28 17:06:40 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=142754 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )