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Forestry group Segezha raises $400m at Moscow debut

Forestry group Segezha raises $400m at Moscow debut April 28, 2021 Forestry group Segezha raised 30 billion roubles ($401.8 million) at its Moscow debut on Wednesday, with the second Russian company to go public this year achieving a market capitalisation of 125.5 billion roubles. Retailer Fix Price raised $2 billion last month in Russia’s largest initial public offering since the West imposed sanctions in 2014, and online retailer Ozon staged a successful Nasdaq debut late last year, with ...
United States United Kingdom Chelyabinskaya Oblast Vladimir Chirakhov Fedor Tregubenko Mikhail Shamolin

Russia readies for IPO flurry that will raise at least $10 billion this year, says UBS

3 Min Read MOSCOW (Reuters) - Russian companies, back on global investors’ radar since late last year, are set for an IPO boom in 2021 with initial public offerings expected to raise at least $10 billion, the highest in more than a decade, says UBS. FILE PHOTO: A woman picks up an order at the pick-up point of the Ozon online retailer in Moscow, Russia, March 16, 2020. REUTERS/Evgenia Novozhenina Russian gold miner GV Gold on Monday became the latest Russian company to announce plans for an I...
City Of United Kingdom Katya Golubkova Alexei Navalny Fedor Tregubenko Susan Fenton

Russia's Pandemic Winners Drive $10 Billion Share Sale Line

Russia’s Pandemic Winners Drive $10 Billion Share Sale Line Bloomberg 2/16/2021 Yuliya Fedorinova and Áine Quinn (Bloomberg) -- Russia is on track for a blockbuster year of share sales, led by gold miners, e-commerce companies, and other firms emerging stronger from the pandemic. Initial and secondary public offerings by Russian companies on domestic and foreign exchanges could exceed $10 billion this year, according to Alex Metherell, co-head of global banking at VTB Capit...
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Source: msn.com

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