25 February 2004 07:40
RUSSIAN JUICE MAKER PLANS IPO
MOSCOW. Feb 24 (Interfax) - Nidan, one of Russia's biggest juice manufacturers, plans to make an initial public
offering in three years, first in Russia and then abroad, Nidan Foods General Director Andrei Yanovsky said in Moscow
Tuesday.
PricewaterhouseCoopers is helping Nidan to carry out an audit, he said. The package of shares that will be floated on
the exchange can be discussed a year after this audit, Yanovsky said.
Nidan Foods is part of the Nidan group of companies, which is wholly owned by Nidan of the United States. The group
saw turnover of $180 million in 2003, compared with $102 million the previous year.
[Interfax] |
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