TGK-7 share sale thaws hopes of Russian IPOs
Merrill Lynch and Troika Dialog expect to close the R10.73bn ($449m) equity offering for Russian power producer TGK-7 on Tuesday comfortably subscribed, with most of the shares on offer likely to be bought by strategic buyers.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts