IPO

Russian Restaurant Chain to Raise $125 million from IPO

Rosinter Restaurants Holding, a leading restaurant operator in Russia and other former Soviet republics, intends to raise about $125 million from an initial public offering.

Popularity: 3% [?]

June 1, 2007

VTB, Russia’s Second-Biggest Bank Raises $8 Billion in IPO

VTB Group, Russia’s second-biggest bank, raised $8 billion in the world’s largest initial public offering this year, as investors seek to benefit from a lending boom in the former Soviet republic, Bloomberg reported on May 11.

Popularity: 2% [?]

May 11, 2007

Russian Steelmaker MMK Announces IPO Plans

One of Russia’s largest steelmakers, Magnitogorsk Iron & Steel Works (MMK) plans to float shares in London and Moscow with ABN Amro, Morgan Stanley and Renaissance Capital acting as lead managers, the firm said on Monday, March 26.

Popularity: 3% [?]

March 26, 2007

Russian Companies Need to Improve Corporate Governance for Better IPOs

Russian companies floating on international stock exchanges raise 20 percent less than Western counterparts because their standards of corporate governance are lower, claims new research whose results were published by British paper Telegraph.

Popularity: 1% [?]

March 14, 2007

Evroset Planning IPO for 2008

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Evroset, Russia’s largest mobile phone retailer, expects to sell about 20 percent of its shares in an initial public offering planned for 2008.

Popularity: 2% [?]

December 6, 2006

Rosneft, BP boost ties with Russian Arctic deal

 East coast of Severnaja Zemlja, Laptev Sea, Russian Arctic. Photo: Imagebank

Russia’s state oil giant Rosneft said on Thursday it had boosted ties with its long-standing partner BP by agreeing to jointly bid and develop oil and gas deposits in the Russian Arctic.

Popularity: 3% [?]

November 30, 2006

Moscow Property Developer Seeks Up to $182 Million in IPO

RGI International Ltd., a Moscow property developer part-owned by a Morgan Stanley fund, is seeking to raise as much as $182 million in an initial share sale to tap rising demand for real estate in Russia’s capital, according to Bloomberg.

Popularity: 5% [?]

November 28, 2006

About 35 Russian Companies Ready for IPO in 2007

Up to 35 Russian companies will float their shares in initial public offerings in 2007, a Russian expert said Thursday.

Popularity: 2% [?]

November 23, 2006