ChelPipe worth 2 billion dollars-2.5 billion dollars, preliminary IPO guidance -110 rubles/share

摘要

Analysts at J.P. Morgan, one of the banks arranging an IPO for Chelyabinsk Tube Rolling Plant (ChTPZ) (ChelPipe), value the company at 61.4 billion-73 billion rubles ($2 billion-$2.5 billion), the bank said in an analytical note. A financial market source told Interfax the company intended to offer up to 40% of its share capital.