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London’s biggest float postponed as bank Kaspi.kz puts $5bn plan on ice

London’s biggest float postponed as bank puts $5bn plan on ice

The Telegraph - By James Cook

The biggest stock market float in London this year has been postponed due to tough trading conditions, in a major blow for the City. Online bank Kaspi.kz was due to go public with a market value of $5bn (£4bn), but has put the plans on ice amid global turmoil as economic signals point to a sharp …

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