Russian industrial group Koks, which controls various coal mines and major pig iron producer Tulachermet, is planning to come out with its IPO.
What is the expected money to be raised by the Koks IPO?
The Koks IPO is expected to raise capital in the range of $450 to $600 million.
What is the purpose of Koks IPO? Where will the Koks IPO proceeds be used?
The Koks IPO proceeds be used for business development & business expansion.
Who are the underwriters of the Koks IPO issue?
As per the news from Reuters, Though no names have been finalized, the news is that Deutsche Bank may be invited to prepare the Koks IPO.
Where will the Koks IPO be listed?
Again, nothing is known. It may be Moscow, London, or anywhere.
What are the business valuations and financial results of Koks?
Koks, based in the coal-rich western Siberian region of Kemerovo, operates 15 industrial companies in Siberia, the Ural mountains and central Russia, including minor nickel producers Ufaleynickel and Rezhnickel.
Last year it bought 55.35 percent of Slovenian steel group Slovenska Industrija Jekla.
Koks is part of privately owned Moscow-based Industrial and Metallurgical Holding.
The demand for energy is ringing, so this IPO from Koks is expected to have a good listing. Let’s see how this IPO performs. | Table of Contents |
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