PropertyEU

Teorema looking to raise EUR 341m via London IPO

By A staff reporter 2007-11-15T00:00:00

Russian property developer Teorema is planning an initial public offering of global depositary receipts (GDRs) on the London Stock Exchange, to finance the expansion of its property portfolio. The company is looking to raise $500 mln (EUR 341 mln) through the IPO before the end of this year. 'The ...

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