Baz Ares
Gold Member
- Feb 2, 2017
- 10,970
- 1,091
LONDON — The Russian energy and aluminum company EN+, which is controlled by a member of President Vladimir V. Putin’s inner circle, said on Friday that it had raised $1.5 billion in an initial public offering seen as a major test of investors’ appetite for Russian assets.
The results of the listing were at the bottom end of EN+’s expectations, but the offering was nonetheless one of the largest by a Russian company since the Kremlin drew international condemnation and sanctions by annexing Crimea in 2014.
EN+ is controlled by the Russian oligarch Oleg V. Deripaska, a confidant of the Russian president who once had close ties to Paul J. Manafort, the former Trump campaign manager who was charged this week with money laundering as part of the special counsel inquiry into potential links between Russia and the Trump campaign. Mr. Manafort has pleaded not guilty.
$1.5 Billion I.P.O. for Firm Controlled by Putin Ally Tied to Manafort
The listing is the first IPO by a Russian company in London since Moscow’s 2014 annexation of Crimea, which triggered a slump in relations between Russia and the west that have hurt investor sentiment and coincided with a slew of Russian companies de-listing from the London stock exchange.
I would think for the UK, the new US sanctions would stop this IPO?
Really, Putin's named here, and Oleg V. Deripaska
Oligarch linked to politicians 'ordered murder of banker'
U.S. sanctions hit Russian hopes of a 'Trump bump' for investment
Magnitsky Act - Wikipedia
Russia is a MOB run Murdering State. Anyone doing business with Russia in either directly funding the Russian MOB, or indirectly funding the Russian Mob, as all foreign deals must be approved by the Russian MOB state
with a percentage payoff.
The results of the listing were at the bottom end of EN+’s expectations, but the offering was nonetheless one of the largest by a Russian company since the Kremlin drew international condemnation and sanctions by annexing Crimea in 2014.
EN+ is controlled by the Russian oligarch Oleg V. Deripaska, a confidant of the Russian president who once had close ties to Paul J. Manafort, the former Trump campaign manager who was charged this week with money laundering as part of the special counsel inquiry into potential links between Russia and the Trump campaign. Mr. Manafort has pleaded not guilty.
$1.5 Billion I.P.O. for Firm Controlled by Putin Ally Tied to Manafort
The listing is the first IPO by a Russian company in London since Moscow’s 2014 annexation of Crimea, which triggered a slump in relations between Russia and the west that have hurt investor sentiment and coincided with a slew of Russian companies de-listing from the London stock exchange.
I would think for the UK, the new US sanctions would stop this IPO?
Really, Putin's named here, and Oleg V. Deripaska
Oligarch linked to politicians 'ordered murder of banker'
U.S. sanctions hit Russian hopes of a 'Trump bump' for investment
Magnitsky Act - Wikipedia
Russia is a MOB run Murdering State. Anyone doing business with Russia in either directly funding the Russian MOB, or indirectly funding the Russian Mob, as all foreign deals must be approved by the Russian MOB state
with a percentage payoff.
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