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Megafon delays IPO roadshow until Q3 results
MOSCOW |
MOSCOW Oct 22 (Reuters) - Russian mobile phone company MegaFon said on Monday it will not start a roadshow for a stock market listing in London and Moscow until the release and evaluation of its third-quarter financial results.
MegaFon is expected to raise around $2 billion from its share sale. The listing could be the biggest by a Russian company since that of internet firm Yandex last year.
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