UES targets $6.7 billion from generating IPOs
Published 28 Jul, 2006 06:34 | Updated 28 Jul, 2006 10:34
Power utility Unified Energy Systems (UES) plans to raise between $4 billion and $6.7 billion offering shares in five generating companies.
Chief executive Anatoly Chubais said most of the Initial Public Offerings would take place on Russian stock exchanges, giving impetus to domestic financial markets.
You can share this story on social media:
Follow RT on
Please check our commenting policy. If you have questions or suggestions feel free to send them to feedback@rttv.ru.
