MegaFon launches its IPO in London

Christopher 'Chris' Gibson-Smith, chairman of the London Stock Exchange Group Plc (second left), and Ivan Tavrin, chief executive officer of OAO MegaFon (third right), applaud during the company's IPO launch at the London Stock Exchange Group Plc's headquarters in London, U.K., on Nov. 28. MegaFon, Russia's second-largest mobile-phone operator, raised $1.7 billion in the biggest initial offering by a company from the country in three years, pricing the sale at the low end of its target. Source: Getty Images / Fotobank

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