RDIF CEO sees e-cinema ivi as strong candidate for IPO

ST. PETERSBURG, Jun 4 (PRIME) -- Online cinema ivi is a promising candidate for an initial public offering (IPO), which could trigger high interest among investors, Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev told PRIME on Friday.

“This year is one of the most successful for the Russian IPOs. As you know, U.S. $3.7 billion have been raised since the beginning of the year,” Dmitriev said.

“This is why we’re sure that successful floatations in Russia will continue, and online cinema ivi is a very strong candidate. We think the placement is possible, and the company has robust growth, financial results, we have first-class investors, this is why we’re confident that when the placement takes place, it will be of high interest for the investors.”

RDIF is among ivi’s investors in line with funds Baring Vostok, RTP Global, Flashpoint, Winter Capital, and Mubadala.

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