June 24, 2019 / 8:50 AM / a month ago

Russia's Rusagro sees secondary offering likely this year

MOSCOW, June 24 (Reuters) - The chief executive of Russian farming conglomerate Rusagro, Maxim Basov, said the company is likely to hold a secondary public offering this year.

Speaking to reporters, he said the issue was needed to fund acquisitions, without giving details. (Reporting by Olga Popova Writing by Christian Lowe Editing by Louise Heavens)

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