Linklaters and Baker & McKenzie are understood to be advising on the upcoming IPO of Malaysia 1mdb's power assets, with the deal estimated to be worth more than $3bn.
July 10, 2014 at 03:05 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters and Baker & McKenzie are understood to be advising on the upcoming IPO of Malaysia 1mdb’s power assets, with the deal estimated to be worth more than $3bn.
The sovereign wealth fund has said it plans to list on the Bursa Malaysia in the fourth quarter of 2014, and expects to use the proceeds to fund future business growth, for partial repayment of its outstanding debt and for general corporate purposes.
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