Deals
MegaFon Said to Resume Roadshow for $2 Billion IPO This Week
This article is for subscribers only.
OAO MegaFon, Russia’s second-largest mobile-phone company by customers, plans to resume one of the country’s biggest initial public offerings as early as this week, according to people with knowledge of the matter.
The company may decide as early as today on a schedule for an investor roadshow, after receiving approval from the U.K. Listing Authority for the stock sale, said the people, who asked not to be identified because the plan is confidential. The preliminary schedule includes Moscow, London, New York, Frankfurt and a Nordic capital, one of the people said.