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Russian toy retailer Detsky Mir rises in market debut
February 10, 2017 / 7:07 AM / 10 months ago

Russian toy retailer Detsky Mir rises in market debut

MOSCOW, Feb 10 (Reuters) - Shares in Russia’s largest toy retailer Detsky Mir rose 5.9 percent to 90 roubles ($1.53) in their market debut on the Moscow Stock Exchange on Friday.

Detsky Mir’s shareholders on Wednesday raised $355 million in its initial public offering of shares. The offering was priced at 85 roubles, the bottom of the expected range.

$1 = 58.8846 roubles Reporting by Maria Kiselyova; Editing by Christian Lowe

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