CAPITAL MARKETS

Tavan Tolgoi's $US3B IPO plan

THE Mongolian government is reportedly seeking to raise $US3 billion ($A2.8 billion) by selling a stake in coal company Erdenes Tavan Tolgoi, in what could turn out to be the country’s largest share offering.

MiningNews.Net
Tavan Tolgoi's $US3B IPO plan

Mongolian Prime Minister Sukhbatar Batbold According to reports from Bloomberg, the initial public offering for a stake in Erdenes Tavan Tolgoi could take place in London, Hong Kong and Ulaanbaatar....

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