Investors Are Tiptoeing Back Into Russia with This Unusual IPO — Fortune

The owners of Russia’s largest toy retailer Detsky Mir raised $355 million in an initial public offering (IPO) of shares priced at the bottom of the expected range, in a sign investors are making a cautious return to Russian assets. The IPO was the highest-profile share sale by a Russian company since 2014, when Western…

via Investors Are Tiptoeing Back Into Russia with This Unusual IPO — Fortune

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