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Nordgold plans IPO to sell 25% stake in London and Moscow

By Reuters Staff 2 Min Read MOSCOW (Reuters) - Russia-focused gold producer Nordgold plans an initial public offering (IPO) of at least 25% of its existing shares in London and Moscow, it said on Thursday. Nordgold, majority owned by Russian billionaire Alexei Mordashov and his sons Kirill and Nikita, was previously listed in London but delisted in 2017. It is aiming for a premium listing that would make it eligible for the FTSE indices. “Now is the right time for Nordgold to seek a premium L...
Burkina Faso City Of United Kingdom David Goodman Alexei Mordashov Polina Devitt

CORRECTED-Uruguay's DLocal valued at nearly $9 bln in Nasdaq debut

By Reuters Staff (Corrects headline and paragraph 1 to say market capitalization of $9 billion, not $4.5 billion) June 3 (Reuters) - Shares of DLocal Ltd leapt nearly 48% in their U.S. stock market debut on Thursday, giving the Uruguayan cross-border payments company a market capitalization of nearly $9 billion. Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli
Shinjini Ganguli Sohini Podder Thomson Reuters Trust Principles Dlocal Ltd Thomson Reuters Trust Ipo Corrected

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Keypath Education drops on Australian market debut

By Reuters Staff 2 Min Read (Reuters) - Keypath Education International Inc slumped as much as 8.4% in its Australian market debut on Wednesday, the latest Macquarie-led initial public offering (IPO) to underperform after its listing. Shares of the Chicago-based company that offers online educational courses for universities were down as far as A$3.40, before recouping some ground to trade at A$3.5 — still around 5.7% below its IPO price of A$3.71. The IPO was seen by some as a test for Macqu...
Sherry Jacob Phillips Nikhil Kurian Nainan Anushka Trivedi Thomson Reuters Trust Principles Morgan Stanley Nuix Ltd

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