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Nordgold cancellation rattles resurgent Russian IPO market


Publishing date: Jun 28, 2021  •  16 hours ago  •  3 minute read  • 
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LONDON A decision by gold producer Nordgold to postpone a potentially multi-billion London debut has raised the prospect the fastest flurry of Russian stock-market listings under the sanctions era has run its course.
Six months into the year, Russian Initial Public Offerings (IPOs) have hit the highest level since western sanctions were introduced on Moscow, securing companies more than $2.4 billion in total, Reuters calculations have found – more than in any single full year since 2013.
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