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IPSCO Tubulars still committed to share listing - TMK
5/28/2018  金属板材展-棒材-线材展 -plate metal expo-wire expo
    Reuters reported that IPSCO Tubulars, the US subsidiary of Russian oil and gas pipemaker TMK, remains committed to an eventual initial public offering (IPO). Vladimir Shmatovich, TMK head of strategy, told Reuters on the sidelines of the St Petersburg economic forum, “We filed the (IPO) prospectus once again last Friday and it is for a reason. The deal is not canceled, it was just postponed in January. We remain committed to this process.”

He told “This is because the request for exception is being filed separately on each group of products and there are a great many of them. Several thousands of such requests have been submitted already because every supplier has dozens of such product types, according to our information, and only a few people are looking at all of this. That is why no one has received physical answers yet. If one calculates the pace of the process, it can take more than a year.”

He declined to comment on the timing of the potential deal. 

IPSCO, which halted its IPO in February citing adverse market conditions, said last week that it had filed an amendment to its registration statement with the US Securities and Exchange Commission relating to the proposed share offering. 金属板材展-线材展-金属加工展-2018第十九届广州国际金属板材展全球三大金属展之一巨浪展览 -- The 19th China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition Plate metal exhibition, Plate metal expo,2018 Plate metal exhibition,2018 Plate metal expo, Bar exhibition, Bar expo,2018 Bar exhibition,2018 Bar expo, China Bar exhibition, China Bar expo, wire exhibition, wire expo,2018 wire exhibition,2018 wire expo, Metal Processing exhibition, Metal Processing expo,2018 Metal Processing exhibition,2018 Metal Processing expo, China Metal Processing exhibition, China Metal Processing expo.
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