Investors happy to meet Megafon despite Goldman questions

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Investors happy to meet Megafon despite Goldman questions

Two days into investor education on the IPO of Russia's Megafon and the absence of Goldman Sachs from the mandate is still on the lips of the buyside and banks working on and away from the deal. Emerging market equity issues can be tough enough at the best of times, but in this case those bankers working on the deal have to cope with the additional hurdle of fielding questions from investors on the subject — and, it seems, without actually knowing the answers.

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