Emission Avenue in Moscow
Russia's largest public IPO will take place today - the placement of Rosneft shares. Rosneft today will officially announce the price of its shares, which its main shareholder, the state-owned Rosneftegaz, is placing on the London and domestic stock exchanges. Earlier, Prime Minister Mikhail Fradkov signed a decree according to which 14.3% of Rosneft shares will be sold on the market.