According
to “Reuters” information, “Georgian railway” shares will be sold on London
Stock Exchange (LSE).
The
agency reports based on anonymous source that the authorities plan to sell the
shares at price from $800mln to $1,000 mln.
According
to the information of the same agency, Georgia plans to raise up to $250 mln from initial public offering.
Moreover,
the “Reuters” stated, that it will sell up
to 25 percent of shares in the state railway monopoly through an Initial Public
Offering.
“Books on the offering opened on
Wednesday and were expected to close on May 23, the company said, with its
market debut set for May 24”, - the “Reuters” reported.
For
clarifying the situation “Internet.ge” contacted the spokesperson of “Georgian
railway”. According the head of the railway press-service, Irma Stepnadze,
department of Ezugbaia will make comment regarding the mentioned topic till the
end of the day.
As for
the question of “Internet.ge” – weather is the Ministry of Economic and
Sustainable Development of Georgia carrying out talks with foreign investors
regarding “railway stocks” or not – Verak Kobalia’s department has given no
answer.
internet.ge
