Kazakhstan Railway Operator Weighs $1 Billion IPO as Soon as May
Kazakhstan Temir Zholy, the Central Asian country’s sole railway operator, is considering an initial public offering as soon as May to raise about $1 billion as part of its broad...
By Nariman Gizitdinov, Laura Gardner Cuesta · Bloomberg Markets
Kazakhstan Temir Zholy, the Central Asian country’s sole railway operator, is considering an initial public offering as soon as May to raise about $1 billion as part of its broad expansion drive, according to people familiar with the matter.