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A detailed plan of “People's IPO” will be prepared in Kazakhstan by June 1

06 may 2011, 18:21
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A detailed plan of the People's IPO will be prepared in Kazakhstan be June 1, 2011, Tengrinews.kz reports citing Kazakhstan Prime-Minister's Twitter and blog.

“Selected consultants for the People’s IPO. Samruk Kazyna will submit a detailed plan by June 01,” posted Karim Massimov.

As he explained in his blog, the consultants were selected under “quality features and commercial offers.” They are divided into five categories:

International investment banks – Citi, UBS;
Local investment bank – Visor Capital with KKB Securities;
International Big-4 company - PricewaterhouseCoopers;
Law company - Cleary Gottlieb Steen & Hamilton with GRATA;
PR-company – Merlin.

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