Financial Times FT.com

Russia’s Exillon eyes LSE listing

By Courtney Weaver and Miles Johnson in London and Catherine Belton in Moscow

Published: November 3 2009 20:37 | Last updated: November 3 2009 20:37

Exillon Energy, a Siberia-focused oil company, is aiming to become the first Russian company to list on the London Stock Exchange in the 18 months since the financial crisis caused markets to seize up.

The company, which has its headquarters in Dubai with offices in Russia, is in talks with London-based investors about an initial public offering that could value it at about $500m (€340m).

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