Clifford Chance (CC), Freshfields Bruckhaus Deringer and White & Case are among a raft of firms to have advised on Russia telecoms firm Megafon's $1.7bn (£1.1bn) initial public offering (IPO) in London and Moscow. The IPO, which placed yesterday (28 November), followed Megafon's sale of a 15% stake, valuing the company at $11.1bn (£7bn). Megafon is majority controlled by AF Telecom - the holding company of Russian businessman Alisher Usmanov.
November 29, 2012 at 07:09 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC), Freshfields Bruckhaus Deringer and White & Case are among a raft of firms to have advised on Russia telecoms firm Megafon’s $1.7bn (£1.1bn) initial public offering (IPO) in London and Moscow.
The IPO, which placed yesterday (28 November), followed Megafon’s sale of a 15% stake, valuing the company at $11.1bn (£7bn). Megafon is majority controlled by AF Telecom – the holding company of Russian businessman Alisher Usmanov.
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