Foot in the door: Russian retailer Obuv Rossii plans IPO | beyondbrics:
"A Siberian retailer that began selling mid-priced shoes in Russian regions a decade ago is growing so fast that there is local talk of the company becoming “the Magnit of footwear”. Obuv Rossii now plans to go public offering investors a foot in the door to one of Russia’s most buoyant consumer sectors.
Obuv Rossii announced plans on Wednesday to proceed with an initial public offering on the Moscow Exchange to raise funds to support further expansion.
Alor Invest, the Russian investment group, has been appointed lead bookrunner for the listing. Other members of the syndicate are being selected."
'via Blog this'
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