Wednesday May 14, 10:46 AM
LSE says raised $4.2 bln via seven listings in last month
LONDON (Thomson Financial) - The London Stock Exchange Plc. said international IPOs within the last month have raised a total $4.2 billion.
IPOs on the Main Market and Professional Securities Market (PSM) include silver miner Fresnillo,
the LSE's first ever IPO from Mexico, which raised $900 million, and coal miner New World Resources, which raised $2.15 billion through a multi-listing on London, Prague and Warsaw.
The others are supermarket chain Magnit and rail freight operator GlobalTrans, both Russian; the UAE's construction company Depa; Egyptian real estate company Palm Hills and Pakistan's Lucky Cement, which raised $109 million on the PSM.
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