Kazakhstan picks J.P. Morgan, UBS for Air Astana IPO

AKIPRESS.COM - Kazakhstan has appointed J.P. Morgan and UBS as global coordinators for the planned initial public offering of its flag carrier Air Astana, a senior executive at the Samruk-Kazyna sovereign wealth fund said on Friday. The details of the offering are yet to be decided, Samruk-Kazyna managing director Almasadam Satkaliyev told a conference, Reuters reported.