Author Archives: Alexei Tikhonov

Farewell to Kazatomprom

Farewell to Kazatomprom

At the end of October, Kazatomprom officially announced the start of the IPO proceedings at the London Stock Exchange. The Financial Times has recently informed the public that Kazakhstan’s national company intends to attract up to $600 mln and has already gained the support of the investors ready to purchase 15% of the shares.

The Toxic Kazmunaigas

The Toxic Kazmunaigas

International corporation Royal Dutch Shell has backed out of buying Kazmunaigas’ shares. Bloomberg released this information citing its own sources. The reason for Shell’s decision lies in the ties of the Kazakhstan national company with Nursultan Nazarbayev’s son-in-law.