February 7, 2017 / 12:01 PM / 6 months ago

Russia's Detsky Mir narrows IPO price range to 85-87 roubles -source

MOSCOW, Feb 7 (Reuters) - Russia's largest children's goods retailer Detsky Mir has narrowed the price range for its initial public offering to 85-87 roubles ($1.43-1.47) per share, a financial market source said on Tuesday.

The company, which is expected to close the book on Tuesday evening, earlier narrowed the range to 85-90 roubles from an original guidance of 85-105 roubles. ($1 = 59.3678 roubles) (Reporting by Olga Popova; writing by Maria Kiselyova; editing by Jack Stubbs)

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