EBRD buys 3 pct Global Ports stake in London IPO

The European Bank for Reconstruction and Development (EBRD) has acquired a 2.98 percent stake in Russia’s leading container terminal operator Global Ports for $70 million in an initial public offering held by the company on the London Stock Exchange, the EBRD said on Wednesday. “Today’s $70 million EBRD investment demonstrates the bank’s commitment to the […]