19 May 2004 04:29
Razgulyai-Ukrros plans IPO in two years
MOSCOW. May 18 (Interfax) - Razgulyai-Ukrros, one of Russia's largest agri-business holdings, plans to make an
initial public offering in the next two years, said Dmitry Tyukhtenko, vice president of Agrokoinvest, the group's
managing company.
"We are ready to do this, but a final decision on whether there will be an IPO or private placement has yet to
be taken. We are working on a strategy to enter the financial market," he said.
An IPO could be made in the next year and a half, but no more than two years, he said.
Asked about plans to issue Eurobonds in 2004, Tyukhtenko said the company is not rejecting a bond issue, but it does
not know whether that will happen this year. [RU ASIA EUROPE EEU EMRG ISU LOA DBT BNK FOD SUG GRA] me
[Interfax] |
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