Stock market quotes, forex, financial news, forex tools –

En + will receive $ 1.5 billion from IPO on the London Stock Exchange

 Breaking News
  • Microsoft, Amazon and eBay are at record highs On Tuesday, securities of Microsoft Corp, Inc and eBay Inc broke records. The rush of investors’ demand for the shares of those companies involved in electronic commerce caused such...
  • Quarantine in Hong Kong is not for everyone Hong Kong is rescuing its stock exchange. In order to give life to the trading platform, the administration of the metropolis has shown flexibility concerning quarantine measures. So, Christopher Hui...
  • Economy of Japan demonstrates recession In the first quarter of this year, the economy of the Land of the Rising Sun dropped by 0.6% in monthly terms. The figures are not optimistic but are better...
  • Energy market news On Saturday, representatives of the countries included in the OPEC+ cartel managed to agree on the extension of the restrictions on oil production. It also became known that those countries...
  • Bentley fires employees in order to prevent losses in 2020 The Bentley brand has long been synonymous with luxury living. Unfortunately, the British automaker has to save because of a forced two-month break. The company’s CEO Adrian Hallmark said to...
En + will receive $ 1.5 billion from IPO on the London Stock Exchange
October 05
14:00 2017

So, that happened. The brainchild of Oleg Deripaska – the company En + Group Plc has officially announced the beginning of the IPO procedure. We recall that IPO means the first public shares placement on the stock exchange for a wide range of individuals. In the case of Deripaska’s company, IPO will take place on the London Stock Exchange. Experts have estimated that the sales volume will be approximately one and a half billion US dollars.

Some details of the future procedure became known from the press release published by En +. Thus, GDR (global depositary receipts) for existing shares will be sold by Basic Element Limited and B-Finance Limited. The funds raised from IPO will be used first of all for the repayment of the company’s debt.

The anchor investor of the company En + also became known. It is the Singapore company AnAn Group (Singapore) Pte. Ltd, which intends to invest about half a billion dollars in En +. Keeping in mind that more than half of this company belongs to the Chinese concern CEFC, then in this way the Chinese are clearly declaring their strategic interests in Russia.

This is the second serious investment by the Chinese in Russia. A month earlier it became known that the CEFC concern had acquired about 14% of the shares of the Russian oil and gas company NK Rosneft.

The following companies helped to organize the initial public offering of En + shares: VTB Capital, Gazprombank, Citigroup, Credit Suisse, J.P. Morgan, Merrill Lynch, Sberbank CIB, BMO Capital Markets and others.

We recall that the company En + Group, owned by Oleg Deripaska, is the main shareholder of the holding RUSAl and owns such companies as Eurosibenergo, Soyuzmetallresurs, logistics companies and some other assets.

The material was prepared with the participation of Andrey Majorov,
a leading analyst of the brokerage company CT Trade

Related Articles


  1. educations
    educations August 19, 03:19

    I am really glad to read this web site posts which consists
    of tons of helpful information, thanks for providing these information.

    Reply to this comment
  2. minecraft
    minecraft March 24, 15:00

    Hurrah, that’s what I was searching for, what a material!
    existing here at this webpage, thanks admin of this website.

    Reply to this comment
  3. minecraft
    minecraft March 26, 01:58

    I think the admin of this website is truly
    working hard for his web page, for the reason that here every material is quality based

    Reply to this comment
  4. minecraft
    minecraft March 28, 19:02

    I always used to study article in news papers but now as I am a user
    of internet so from now I am using net for articles,
    thanks to web.

    Reply to this comment
  5. edisonrocher
    edisonrocher April 12, 02:58

    I’m really enjoying the design and layout of your site.

    It’s a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a designer to
    create your theme? Superb work!

    Reply to this comment
  6. bettinamazza
    bettinamazza April 14, 12:16

    These are in fact wonderful ideas in regarding blogging.
    You have touched some nice points here. Any way keep up wrinting.

    Reply to this comment
  7. nancycatts
    nancycatts April 15, 18:11

    Excellent blog here! Also your website loads up very fast!
    What web host are you using? Can I get your affiliate link to your host?
    I wish my web site loaded up as quickly as yours lol

    Reply to this comment
  8. chasdry
    chasdry April 16, 01:20

    Your means of explaining the whole thing in this piece of writing is actually fastidious,
    all be capable of easily understand it, Thanks a

    Reply to this comment
  9. celiamain
    celiamain April 16, 12:38

    First of all I want to say excellent blog! I had a
    quick question which I’d like to ask if you don’t mind.
    I was curious to know how you center yourself and clear your mind prior to writing.
    I have had difficulty clearing my mind in getting my ideas out there.
    I do enjoy writing however it just seems like the first 10 to 15 minutes are usually lost just trying to figure out
    how to begin. Any ideas or hints? Thanks!

    Reply to this comment
  10. darcisteffan
    darcisteffan April 19, 17:17

    Keep on working, great job!

    Reply to this comment
  11. lionelodowd
    lionelodowd April 21, 11:06

    For most recent news you have to pay a quick visit
    world-wide-web and on web I found this website as a finest site for newest updates.

    Reply to this comment
  12. desireeknotts
    desireeknotts April 22, 19:11

    Quality articles is the important to be a focus for the visitors to pay a visit the site, that’s what this web site is providing.

    Reply to this comment
  13. allan ramon
    allan ramon April 24, 08:23

    Hi, I do think this is an excellent website. I stumbledupon it 😉 I
    may come back once again since i have book-marked it. Money
    and freedom is the greatest way to change,
    may you be rich and continue to guide other people.

    Reply to this comment
  14. rory paradis
    rory paradis April 27, 00:50

    Remarkable! Its genuinely remarkable post, I have got much clear idea about from this paragraph.

    Reply to this comment
  15. minecraft
    minecraft April 28, 04:50

    Hi there to every body, it’s my first pay a visit of this website; this weblog contains
    remarkable and in fact fine stuff in favor of visitors.

    Reply to this comment
  16. Nicky Cleal
    Nicky Cleal July 08, 09:06

    Really great information, thanks for the share and insights! I will recommend this to my friends for sure.

    Reply to this comment
  17. junk car
    junk car November 06, 23:50

    Wonderful work! This is the type of information that should be shared around the internet. Shame on Google for not positioning this post higher! Come on over and visit my web site . Thanks =)

    Reply to this comment
  18. plenty of fish
    plenty of fish November 12, 14:23

    I absolutely love your website.. Excellent colors & theme.
    Did you build this site yourself? Please reply back as I’m wanting to create
    my very own blog and want to find out where you got this from or exactly what the theme is named.
    Thank you!

    Reply to this comment
  19. miramountgarrett
    miramountgarrett November 21, 06:28

    I know this web page offers quality dependent articles and additional information, is there
    any other website which presents these information in quality?

    Reply to this comment
  20. Typicalcat39
    Typicalcat39 December 26, 20:39

    Greetings! Very useful advice in this particular article! It’s the little changes which will make the biggest changes. Thanks for sharing!

    Reply to this comment
  21. Kurt Shuck
    Kurt Shuck May 06, 02:17

    “Having read this I thought it was very enlightening. I appreciate you taking the time and effort to put this article together. I once again find myself personally spending way too much time both reading and commenting. But so what, it was still worth it!”

    Reply to this comment
  22. Avant
    Avant May 28, 13:07

    Wow, great article.Much thanks again. Want more.

    Reply to this comment

Write a Comment