HONG KONG, Nov 29 (Reuters) - Electricity firm EuroSibEnergo, the power unit of Russian aluminium tycoon Oleg Deripaska's business empire, has postponed a planned $1.5 billion Hong Kong IPO due to weakness in the city's stock market, a media report said on Monday.
"EuroSibEnergo is likely to relaunch its offering next year, but the company didn't reach a final decision," Dow Jones Newswires quoted an unidentified source as saying.
EuroSibEnergo was seeking to place at least 25 percent of its shares, which were to be sold by its stakeholder EN+ Power Ltd.
The company owns 18 power stations in Siberia and is Russia's largest privately controlled power operator.
Deutsche Bank, Bank of China and Russia's VTB Capital were the organisers of the IPO.