Kazatomprom may sell 25% stake in London/Astana float

Kazakhstan's Kazatomprom, the world's biggest uranium producer, said it plans to float up to a 25% stake in an initial public offering (IPO) in London and Astana, but did not confirm whether the listing was still on track for this year.

The global market for IPOs has been hit by recent turmoil in financial markets, prompting a number of companies to put listing plans on hold.