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BAE-Backed Air Astana Applications to File in London, Kazakhstan

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BAE-Backed Air Astana Applications to File in London, Kazakhstan


Up to date Jan. 12, 2024 3:35 am ET

Air Astana said that it designs to lift $120 million and itemizing on the London and Kazakhstan stock exchanges, in a go established to incorporate issues just like the sale of stock held by BAE Items.

Central Asia’s biggest airline by present market share reported Friday that the presenting would contain the sale of shares and international depositary receipts, or GDRs, held by BAE Methods (Kazakhstan) and sovereign prosperity fund Samruk-Kazyna, or SK. Each GDR represents 4 shares.

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Written by bourbiza mohamed

Bourbiza Mohamed is a freelance journalist and political science analyst holding a Master's degree in Political Science. Armed with a sharp pen and a discerning eye, Bourbiza Mohamed contributes to various renowned sites, delivering incisive insights on current political and social issues. His experience translates into thought-provoking articles that spur dialogue and reflection.

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