CITY A.M.: Miner plans London listing in New Year

A Mongolian coal miner is considering a multi-billion flotation in London in a deal that will please investment bankers who have been largely starved of new issues in London’s faltering IPO market. According to banking sources, Goldman Sachs and Deutsche Bank, are working on the potential listing of the state-owned Tavan Tolgol, with hopes that the group could list with a valuation of in excess of £10bn sometime in the New Year. To read the full article, click hereMiner plans London listing in New Year

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