RDIF CEO: Chinese, Middle Eastern funds interested in Detsky Mir SPO - Consumer Goods & Retail - 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

RDIF CEO: Chinese, Middle Eastern funds interested in Detsky Mir SPO

MOSCOW, Nov 20 (PRIME) -- Chinese and Middle Eastern funds express interest in a secondary public offering (SPO) of Russian children goods retailer Detsky Mir, CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said on the sidelines of the Russia Calling! investment forum on Wednesday.

УWe see significant interest to the participation (in SPO), a large number of funds, including European funds. Naturally, Chinese and Middle Eastern ones. Everybody sees the growth of figures which Detsky Mir demonstrates, how fast the company rises,Ф Dmitriev said.

He said that the RDIF expects high demand for Detsky MirТs shares during the placement.

Russian multi-industry holding Sistema and the RussiaЦChina Investment Fund (RCIF) plan to offer at least 150 million shares, or about 20.3% in Detsky Mir at an SPO held from Monday until Thursday.

End

20.11.2019 13:15
 
 
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