July 22, 2020 / 7:30 AM / 17 days ago

Russian online payment provider QIWI cancels SPO, sources say

MOSCOW (Reuters) - Russian payment services provider QIWI (QIWI.O) on Wednesday cancelled a secondary public offering (SPO) of its shares, two people with knowledge of the deal told Reuters.

QIWI, which is listed in New York, said on Monday it had launched an underwritten SPO of 6.8 million Class B shares.

Reporting by Olga Popova and Tatiana Voronova; Writing by Alexander Marrow; Editing by Edmund Blair

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