Moscow Exchange IPO Yields $500M

Cash, Calculator, Pen

(Moscow Times – – Howard Amos – February 18, 2013) The Moscow Exchange began trading its own shares Friday, successfully concluding the largest initial public offering in Russia since the 2008 financial crisis. The bourse, which was formed from the merger of the MICEX Index and the dollar-denominated RTS, sold 15 billion rubles ($500 million) worth of shares, indicating […]

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