People & Business :: Emerging Companies
Acron Plans ‘Symbolic’ Listing
1:27 PM MDT | August 18, 2008 | Chemical Week Editorial Staff
Fertilizer producer Acron (Vielikii Novgorod, Russia) says it plans to list global depositary receipts (GDR) on the London Stock Exchange soon, raising $2.7 million. The “symbolic” share offering will give Acron a “technical listing” in London, the company says. It follows Acron’s decision to shelve a listing of up to 10% of the company’s shares as GDRs in London (CW, Aug. 4, p...
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