Former MegaFon CEO seeks to list Russian Spac in US

Sam Kerr

July 22, 2020 12:45 pm

Russia_Nasdaq_PA_575x375_July22 — NEW YORK CITY, UNITED STATES - OCTOBER 15, 2015: Russian and US national flags outside the Nasdaq stock exchange at the crossing of Broadway and West 43rd Street; Freedom Holding Corporation, a retail brokerage and investment bank registered in the United States with operating subsidiaries in Russia (under the brand of Freedom Finance), Eastern Europe and Central Asia, has began trading its shares at the Nasdaq Stock Market. Alexander Ryumin/TASS | Alexander Ryumin/Tass/PA Images

Ivan Tavrin, the former CEO of Russian telecoms company Megafon, is seeking to raise $250m for a special purpose acquisition company (Spac) which is likely to target a merger with a Russian company.

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Sam Kerr