19 Sep 2012 15:52

Moscow Exchange IPO still on - Ulyukayev

MOSCOW. Sept 19 (Interfax) - The MICEX-RTS Moscow Exchange is still planning to hold an initial public offering (IPO), Central Bank told reporters.

"As regards [an IPO by] the Moscow Exchange, these plans are not changing," Ulyukayev said.

The united exchange should hold an IPO worth at least 9 billion rubles before the middle of next year, as per an agreement between the former shareholders of the MICEX and RTS stock exchanges.