Russia Bourse Said to Shun London in $500 Million Moscow IPO

Russia Bourse Said to Shun London in $500 Million Moscow IPO

Andrey Rudakov/Bloomberg

The exchange, which runs Russia’s 50-stock Micex and dollar-based RTS indexes, will sell stock through its platform in the Russian capital and also abroad, though not on the London Stock Exchange, said the people, who asked not to be identified, citing a so-called quiet period before the IPO.