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Nomos Aims at Middle Price

By The Moscow Times

Nomos Bank will price its London initial public offering in the middle of its expected range, a financial market source said, placing it on track to complete a stock market float that could raise about $700 million.

The company will price shares at between $34 and $36, the middle of the $32 to $37 previously announced range, while secondary GDRs will cost $17 to $18, the source said.

(Reuters)

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