Chagala sells EUR 80 mln shares

By A staff reporter 2007-02-22T00:00:00

Kazakhstan property company Chagala has raised $104 mln (EUR 79.35 mln) in an initial public offering (IPO) in London, aimed at further expansion in Kazakhstan. The firm sold 19.7 million global depository receipts at EUR 7.43 each, which is the maximum price in the range used to market the sale, ...

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