MOSCOW, Oct 28 (Reuters) - Russia's diamond miner Alrosa said on Monday it would price its 16-percent share sale via initial public offering at 35 roubles per share to raise a total of 41.3 billion roubles ($1.30 billion).
The price was at the lower end of a previously announced range of 35-38 roubles per share.
The book for the sale of the stake on the Moscow Exchange was closed on Oct. 25, after a two-week marketing process.
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
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