New Issues
Air Astana set to raise $120m by floating in London and Kazakhstan
Air Astana, the flag carrier of Kazakhstan part-owned by BAE Systems that is applying for a dual listing in London and Almaty next month, has set a price for its IPO which is expected raise gross proceeds of $120m.
Reddit reportedly planning IPO in March
Social media platform Reddit has drawn up plans to launch its initial public offering (IPO) in March, according to a report on Thursday.
Air Astana expects to go ahead with London IPO
Kazakhstani carrier Air Astana expects to go ahead with its initial public offering on both the London and Kazakhstan stock exchanges, which will likely come alongside a sale of existing shares and global depositary receipts held by BAE Systems.
London Tunnels to float on LSE
The London Tunnels announced its intention to seek admission to trading on the main market of London Stock Exchange on Friday, which it expects to take place before the end of the month.