MOSCOW, Sep 4 (PRIME) -- Russian agricultural holding Damate is considering making an initial public offering (IPO), the placement could take place on the Moscow Exchange in 2022, Kommersant business daily reported Friday citing sources.
“Russia’s largest turkey producer Damate of Naum Babayev and Rashid Khairov is seriously studying the possibility of making an IPO,” a source in investment circles said, adding that the group is considering the placement in the horizon of two years.
Damate declined to comment.
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