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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.
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Air Astana de Kazajstán ha realizado con éxito una oferta pública inicial de 120 millones de libras esterlinas en el Reino Unido, valorada en 847 millones de dólares.