Irkut unveils IPO road-show NEWS DIGEST:
Irkut, Russia's second-largest defence company that makes Sukhoi fighter
jets, started a European road-show for the initial public offering of its
shares later this month. It is planning to raise between Dollars 109m to
Dollars 138m by floating 23 per cent of its shares. The price range of
Dollars 0.54-Dollars 0.68 a share values the company at between Dollars 475m
and Dollars 598m. The shares will be listed on two Russian stock exchanges
with a possible listing in London a year later. Arkady Ostrovsky, Moscow
|
RUSSIA IN FACTS
