TITLE

LSE no longer has Georgia on its mind

AUTHOR(S)
James Ashton
PUB. DATE
May 2012
SOURCE
Evening Standard;5/24/2012, p60
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
GEORGIAN Railway today postponed its London shares sale blaming market conditions. The float was meant to raise up to $250 million (�159 million) and value the company at $1 billion. It is the latest East European withdrawal from a London listing. All eyes will now be on Arsenal shareholder Alisher Usmanov's planned float of Megafon, which could be valued at $4 billion.
ACCESSION #
75905129

 

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