Exec: Russia’s RussNeft to float shares before end of 2016
SKOLKOVO, Moscow Region, Jun 20 (PRIME) -- Russian oil company RussNeft plans to make an initial public offering (IPO) before the end of 2016, Mikhail Gutseriyev, chairman of the board of directors, told reporters on Monday.
“It is expected until the end of the year,” he said.
On June 17, Gutseriyev said the company planned to raise U.S. $400–500 million through offering 10% of the company on the Moscow Exchange.
End
20.06.2016 15:03