Deals
Kazakhstan Government Unable to Sell Nurbank Stake, Cuts Price
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Kazakhstan has been unable to sell its shares in AO Nurbank, the country’s 14th-biggest lender by assets, through the stock exchange in Almaty.
The government planned to sell 25,625 preferred shares from Aug. 20 to Dec. 30 and raise 289.6 million tenge ($1.9 million), according to a Kazakhstan Stock Exchange statement published on its website today.