Report: Owner says VkusVill can attract strategic investor

MOSCOW, Nov 26 (PRIME) -- Russian grocery retailer VkusVill can attract a strategic investor along with  considering an initial public offering (IPO), key owner Andrei Krivenko told news daily RBC on Friday.

"We are considering all scenarios of company development, it might be a strategic investor as well. We do not rule out this scenario," Krivenko said.

In September, The Wall Street Journal reported that VkusVill was considering an IPO in the U.S. with a double listing in Moscow in 2021 or early 2022. The IPO may value VkusVill at U.S. $3–5 billion.

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