TMK rolls in $1bn IPO

Russian steel pipe maker Trubnaya Metallurgicheskaya Kompaniya (TMK) raised more than $1 billion listing nearly a quarter of its shares in a float more than 19 times oversubscribed.

Celebrations: for Russian pipe manufacturer TMK
Celebrations: for Russian pipe manufacturer TMK
Published 31 October 2006, 14:56Updated 7 October 2016, 14:17