* Shares down after bottom-end pricing
(Adds details, quotes, background)
MOSCOW, Oct 2 Russian companies are poised to
end a three-year drought for public share sales with a flurry of
deals in Moscow and New York as both winners and losers from the
COVID-19 pandemic look to raise funds.
MOSCOW, Sept 15 Sovcomflot plans to raise at
least $500 million in an initial public offering (IPO) on the
Moscow Exchange, Russia's top shipping company said on Tuesday,
in a deal that could value it at roughly $10 billion according
MOSCOW, Sept 14 Russia's top carrier Aeroflot
plans to open up its upcoming secondary share offering
(SPO), part of state support for the country's biggest airline,
to private investors, three sources close to the deal told
Reuters on Monday.
MOSCOW Yandex has doubled the size of its new share offering to $400 million, the Russian internet giant said on Thursday, which combined with private placements will raise $1 billion to finance acquisitions and growth.
MOSCOW Russian e-commerce company Sbermarket is expecting at least 11-fold growth in its 2020 sales versus last year, as the COVID-19 pandemic triggers a surge in online retail it predicts is the start of permanent change.
MOSCOW Russians got a taste of open-air cinema under balmy twilit skies on Thursday when a Moscow drive-in movie theatre re-opened for business after the city's coronavirus lockdown ended.
MOSCOW, April 24 Russia's Sovcombank, among the
top domestic banks, will delay seeking a stock market listing
until next year, according to first deputy CEO and co-owner
Sergei Khotimsky on Friday.
MOSCOW Russia's rose growers are destroying a million flowers a day after a coronavirus-induced slump in sales, with fears of worse to come as self-isolation measures take hold across the country.
MOSCOW Russian retailers have seen a sharp spike in alcohol sales in recent weeks, with consumers rushing to buy vodka, whisky and beer at a time when Moscow and other regions have imposed partial lockdowns to stem the spread of the coronavirus.