Sovcomflot to Sell up to 17% Stake in Moscow IPO

Russia’s top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion roubles ($534 million) in an initial public offering (IPO) on the Moscow Exchange, the company and analysts said on Monday.Sovcomflot’s…

Capt. John
Author: Capt. John

https://www.marinelink.com/news/sovcomflot-sell-stake-moscow-ipo-482030

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