Thursday, April 05, 2007
Bank Trust Buyout Plans
Business in Brief: "Bank Trust Buyout Plans
LONDON -- The owners of National Bank Trust and Trust Investment Bank, two Russian lenders, plan to raise as much as ?150 million ($300 million) in an initial public offering of a Russian private equity fund.
Shares of the fund are scheduled to begin trading on London's Alternative Investment Market next month, Artashes Terzyan, a managing partner at National Bank Trust and Trust Investment Bank, said. Dawnay Day Group and KBC Peel Hunt are managing the IPO, he said. (Bloomberg)"
LONDON -- The owners of National Bank Trust and Trust Investment Bank, two Russian lenders, plan to raise as much as ?150 million ($300 million) in an initial public offering of a Russian private equity fund.
Shares of the fund are scheduled to begin trading on London's Alternative Investment Market next month, Artashes Terzyan, a managing partner at National Bank Trust and Trust Investment Bank, said. Dawnay Day Group and KBC Peel Hunt are managing the IPO, he said. (Bloomberg)"
