MOSCOW, October 9 (RIA Novosti) - A merger formed after the consolidation of two Russian aluminum giants, RusAl and SUAL [RTS: SUAL] with Switzerland's Glencore, will conduct an IPO in London in 18 months, Viktor Vekselberg, a Sual co-owner, said Monday.
"A final decision has yet to be made. We still have 18 months," he said. "IPO is not an end in itself, but an instrument of further development."
He said under the listing requirements, 20% of the new company's stock will be floated.
