PRESS: Russian healthy food chain VkusVill eyes IPO - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Russian healthy food chain VkusVill eyes IPO

MOSCOW, Jan 30 (PRIME) -- VkusVill, a retailer positioning as a healthy food store chain, has launched a road show for a possible initial public offering (IPO), Kommersant business daily reported on Wednesday quoting sources.

According to the Unified State Register of Companies, Baring Vostok owns 12.16% in VkusVill, while founder Andrei Krivenko owns 1.76%, and businessman Yevgeny Lisitsyn controls 86.08% through Proyekt Izbyonka LLC and Evolyutsionnaya Tsep JSC. Infoline-Analytics says VkusVillТs revenue stood at 48 billion rubles in 2018.

One source told the business daily that the company was considering different IPO options, including a placement of up to 25% of the expanded equity on the Moscow Exchange. To this end, VkusVill will have to raise the current shareholder equity by about 30%, Aton senior analyst Viktor Dima said as quoted by Kommersant.

The discussion is still at an early stage, the company is yet to choose the underwriters and other details of the deal. A representative of an investment fund that participated in the roadshow said that VkusVill is not large enough for an IPO, and put its realistic date in 2020Ц2021, the business daily reported.

(66.3412 rubles Ц U.S. $1)

End

30.01.2019 09:07
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 89.6691 +0.0087 25 feb
USD 73.7532 -0.2301 25 feb
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1448.31 -0.66 18:50 10 feb
micex 3385.48 -1.41 18:50 24 feb
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 221.41 -1.87 19:11 24 feb
lkoh 5768.00 -0.31 19:11 24 feb
rosn 516.30 +0.06 19:11 24 feb
sber 270.74 -1.09 19:11 24 feb
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 89.4600 -0.2950 14:59 24 feb
USDTD 73.7575 -0.1525 17:44 24 feb