May 17, 2019 / 10:20 AM / in 2 months

Kazakhstan plans to raise $3-5 bln from KazMunayGaz IPO - official

NUR-SULTAN, May 17 (Reuters) - Kazakh sovereign wealth fund Samruk-Kazyna plans to raise $3-5 billion by floating a stake of up to 25 percent in state energy firm KazMunayGaz next year, the fund’s managing director, Almasadam Satkaliyev, told reporters on Friday. (Reporting by Olzhas Auyezov; editing by Maria Kiselyova)

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