Russia's MegaFon gets nod for $2 billion London IPO - sources

November 10, 2012 7:28 PM GMT

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Russia's No.2 mobile phone company MegaFon is likely to go ahead with its planned London IPO this year after receiving the unofficial green light from UK regulators, sources familiar with the situation said on Saturday.?

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MegaFon aims to raise about $2 billion from the share offering.

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(Reporting by Megan Davies; Editing by Douglas Busvine and Ralph Gowling)

Copyright 2012 Thomson Reuters UK. All rights reserved.
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