Comstar prices London listing

Russian fixed-line telecoms operator Comstar today announced a price range which could value the group at more than $3.3bn (€2.7bn) when it lists on the London Stock Exchange.

Deutsche Bank-UFG, Goldman Sachs and Renaissance Capital will sell up to 146.5 million Comstar shares, equal to 35% of the company, at between $6.50 and $8 a share.

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