Metalloinvest, a Russian iron ore and steel company owned by billionaire Alisher Usmanov, is planning to come out with an IPO.
What is the size of the Metalloinvest IPO?
The Metalloinvest IPO plans to raise around $7.5 billion dollars. This amount is based upon the news that initially, the Metalloinvest IPO had plans to sell 10% stake for raising $3 billion. While now, the existing shareholders are learnt to sell another 15 percent stake.
What is the total stake of Metalloinvest IPO?
A total of 25% shares of Metalloinvest IPO will be sold through the IPO.
When is the Metalloinvest IPO expected to open for subscription?
Though no dates are finalized, it is learnt that the Metalloinvest IPO will hit the markets in autumn this year.
Who are the lead underwriters or book running lead managers for the Metalloinvest IPO issue?
Merrill Lynch, Credit Suisse, Deutsche Bank and Renaissance Capital will be underwriting the Metalloinvest IPO.
Which markets will the Metalloinvest IPO listing take place?
The Metalloinvest IPO may list either on London Stock Exchange or the New York Stock Exchange.
What are the business valuations and financial results of Metalloinvest IPO?
Metalloinvest manages the assets of holding group Gazmetall, which includes Russia's two largest iron ore mines and two steel mills that rank the company fifth in terms of output.
| Metalloinvest is 50 percent owned by Usmanov, with two other Russian businessmen, Andrei Skotch and Vasily Anisimov, holding 30 and 20 percent, respectively. Let’s see how this Yandex IPO performs in the markets! | Table of Contents |
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