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AvtoVAZ carmaker to enter ADR market

Russia » Economics

The board of directors of the AvtoVAZ car producer decided to startdeveloping a program for entering the market of American DepositaryReceipts (ADR), a source in the company reported to RBC. It is planned toissue about 5 percent of AvtoVAZ share capital in first-level ADRs..

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&to=http://www.autovaz.tlt.ru/english/' target=_blank>AvtoVAZ

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