IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Phosagro’s IPO Raises $538 Million

2:22 PM MDT | July 25, 2011 | —ian young

Phosagro (Saint Petersburg, Russia), Europe’s biggest producer of phosphate fertilizers, raised $538 million from a previously announced initial public offering (IPO) on the London and Moscow stock exchanges. The company priced its London-traded Global Depositary Receipts (GDR) at $14, toward the lower end of an originally announced $13-$16.50 price range, and its Moscow-traded shares at $420. Phosagro had subsequently reduced its GDR price range to $14-$14.50. The company sold 10.3% of its equity in the IPO, which consisted of existing shares. The IPO values...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa