LONDON—Russian metals tycoon Oleg Deripaska’s EN+ Group PLC on Thursday said it expects to raise about $1.5 billion through an initial public offering in November, the biggest listing of a Russian company since the annexation of Crimea in 2014. The much-anticipated public launch of Mr. Deripaska’s company, which owns power and aluminum assets in Russia, is expected to include a commitment of $500 million from AnAn Group, a Singapore partner of CEFC China Energy Co. It didn’t disclose what percentage of the company it could...
Source: Wall Street Journal October 05, 2017 07:52 UTC