Kazakhstan's Air Astana has a successful £120m IPO in the UK, valued at $847m.

Air Astana, Kazakhstan's national airline, has experienced a successful trading debut in the UK following its Initial Public Offering (IPO). The IPO, which valued the airline at around $847 million, raised $120 million for the company. The remainder of the $370 million offering was secured by existing shareholders such as UK defense firm BAE Systems Plc and Kazakhstan's sovereign wealth fund. This marks a rebound in Europe's IPO market.

February 09, 2024
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