Mongolia OKs Tavan Tolgoi triple listing
The Mongolian government on Wednesday gave its backing to a potential $2.5bn triple-listing of Tavan Tolgoi, one of the world’s largest coal deposits. The deal will involve the sale of a 30% stake in London and Hong Kong offers to international investors, with 10% to be given to Mongolian citizens and 10% sold on the local market, according to local newswires.
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