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Detskiy mir-Tsentr OAO aims for London IPO-Reuters


Monday, 17 Feb 2014 11:16pm EST 

Detskiy mir-Tsentr OAO:Russian children's goods retailer Detsky Mir, owned by oil-to-telecoms conglomerate Sistema, is aiming to launch its planned London initial public offering in mid-March, two banking sources said-Reuters.The company is aiming to raise around $300 million to $400 million, one of the sources said.The offering will include new shares, the source added.JPMorgan JPM.N, Credit Suisse, Citi C.N and Renaissance Capital will be working on the offering, the sources said. 

Company Quote

138.0
3.5 +2.60%
19 Dec 2014