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 Capital, the investment-banking arm of Russia’s second-biggest lender. That would be the strongest show...
Source: msn.com