Volatility strikes again as Konkola postpones
Konkola Resources bowed to the eurozone debt crisis and on Tuesday postponed its planned $1.1bn plus London IPO after two weeks’ pre-marketing but before formally launching the deal. India’s Vedanta Resources was planning to sell a stake in the Zambian copper business through a Goldman Sachs and JPMorgan-led deal. Read EuroWeek on Friday for the full story.
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