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April 28, 2021
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 ...
March 16, 2021
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...
February 16, 2021
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...