Russia's Rosneft confirms plan for IPO in London and Moscow

Article Abstract:

Rosneft of Russia is planning an initial public offering in Moscow and London to raise approximately $10 billion. First quarter earnings posted increased net income up by 11 percent compared with last year. The petroleum company stock float is also a bell weather for investor appetite for Russian securities.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit

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Rosneft aims for $12 billion i.p.o

Article Abstract:

Rosneft of Russia is planning an initial public offering in a bid to raise $9 billion to $12 billion. The Russian petroleum company is being feted by investors from Chinese and Western producers. Rosneft is valued at between $60 billion to $80 billion.

Securities issued, listed, Securities, Going public (Securities), Initial public offerings, Company securities, Company public offering

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