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Russians Seeking Bargains Have Discounter Eyeing IPO

(Bloomberg) -- Russia’s biggest off-price fashion store is considering an initial public offering after a record listing by Fix Price Group Ltd., as local discounters thrive during a seven-year slump in incomes.Familia, whose shareholders include Goldman Sachs Group Inc., TJX Cos. and Baring Vostok Capital Partners, hired Morgan Stanley and Goldman to prepare for an IPO in New York as early as the start of 2022, according to a person familiar with its plans, who asked not to be identified...
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Source: yahoo.com

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