Saturday, May 25th | Last update09:35:10 PM GMT

IPO

Kazakh oil pipeline attracts strong demand as first People's IPO

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A share sale by KazTransOil, Kazakhstan's oil pipeline monopoly, attracted demand equal to double the $186 million worth on offer in the launch of the country's "People's IPO" programme, the company said on Thursday.

TeliaSonera raises $525 million from Kcell IPO

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TeliaSonera says it has raised $525 million from the initial public offering (IPO) of Kazakh operator Kcell in the UK and Kazakhstan.

Facebook will go public

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FacebookFacebook will go public with a stock price of $28 to $35 to set the popular social network's valuation as high as $86.6 billion, according to documents filed with the Securities and Exchange Commission.

VTB plans to spend for IPO Reversal

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VtbcapitalA retail unit of state-controlled lender VTB said Tuesday that it had finished collecting bids from small investors who purchased the bank's stock in 2007 and faced losses due to the price decline, with 65 percent of shareholders having tendered their shares.