Russia's MegaFon gets nod for $2 bln London IPO - sources

MOSCOW Sat Nov 10, 2012 7:16pm GMT



MOSCOW Nov 10 (Reuters) - Russia's No.2 mobile phone company MegaFon is likely to go ahead with its planned London IPO this year after receiving the unofficial green light from UK regulators, sources familiar with the situation said on Saturday.

MegaFon aims to raise about $2 billion from the share offering.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.