Kazakh firm led by Nazarbayev grandson dropped from IPO plan

    By Nariman Gizitdinov     Kazakhstan has dropped AO Transtelecom, the provider of phone and Internet services headed by President Nursultan Nazarbayev’s grandson, from its list of state-run companies slated for sale through initial public offerings.     “The government set the task of selling most companies to private investors this year,” sovereign wealth fund...