Russia’s Sistema may make Detsky Mir IPO in March–May 2016
MOSCOW, Nov 26 (PRIME) -- Russian multi-industry holding Sistema may make an initial public offering (IPO) of its unit, children goods retailer Detsky Mir in March–May 2016 if market conditions allow, Sistema CEO Mikhail Shamolin said during a conference call Thursday.
“As far as Detsky Mir is concerned, we are at the final stage of signing documents with a private investor…We have intention and we are thinking about making an IPO of Detsky Mir in spring of 2016, if the market allows. The asset is obviously ready for an IPO,” he said.
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26.11.2015 18:04