Tuesday, 21 September 2010

Aluminium Bahrain plans IPO at year-end-sources | Reuters

Aluminium Bahrain (Alba), owned by the country's sovereign wealth fund Mumtalakat, plans to launch an initial public offering (IPO) later this year, two sources familiar with the matter said.

'It's planned for November or December,' one source said, but declined to say how much Alba was looking to offer.

One of the sources said JP Morgan (JPM.N) had been appointed as advisors."

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