Cleary Gottlieb Steen & Hamilton is advising Russian telecoms giant MegaFon on its potential £2.5bn London initial public offering (IPO). MegaFon, Russia’s second largest mobile phone operator, was taken over this April by AF Telecom - the holding company of Russian businessman Alisher Usmanov. The company has since filed for permission to float a 20% stake, which could be worth as much as $4bn (£2.5bn).
September 10, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Cleary Gottlieb Steen & Hamilton is advising Russian telecoms giant MegaFon on its potential £2.5bn London initial public offering (IPO).
MegaFon, Russia’s second largest mobile phone operator, was taken over this April by AF Telecom – the holding company of Russian businessman Alisher Usmanov. The company has since filed for permission to float a 20% stake, which could be worth as much as $4bn (£2.5bn).
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