Octo Telematics’ IPO Delayed After Sanctions Hit Russian Shareholder: Sources

Italy’s Octo Telematics has put a planned initial public offering on hold after sanctions were imposed on controlling shareholder Renova Holdings and on Renova’s Russian chairman, Viktor Vekselberg, two sources said on Thursday. The United States imposed major sanctions last …

Source:: Octo Telematics’ IPO Delayed After Sanctions Hit Russian Shareholder: Sources