Two organisers of Nordgold IPO see its value at $5.1-$6.6 billion - sources
MOSCOW (Reuters) - Two organisers of an initial public offering (IPO) for Russia-focused gold producer Nordgold see its equity value at $5.1-$6.6 billion, three financial market sources told Reuters on Thursday.
Gazprombank put it at $5.1-$6.6 billion, while Renaissance sees it at $5.4-$6.3 billion, the sources said, adding books were expected to open on June 21 and close on June 29.
Reporting by Olga Popova; writing by Polina Devitt; editing by David Evans
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