Softline Holding PlcSFTLq.L
- Latest Trade
- trading higher1.14USD
- As of Nov 30 2022. Values delayed up to 15 minutes
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- -- - --
- 52-Week Range
- 0.66 - 4.61
Russian IT company Softline, newly spun off from its global partner, is now considering an initial public offering (IPO) on Moscow Exchange , two sources familiar with the plans told Reuters, the latest sign of life in Russian equity markets.
Markets PerformanceOfficial Data Partner
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes
- MarketsIT firm Softline expects turnover to decline in major market Russia
London-listed IT firm Softline said on Tuesday turnover in its major market, Russia, would likely shrink from April to June due to ongoing uncertainty, but was confident of double-digit growth elsewhere.
- BusinessRussian IT firm Softline valued at around $1.5 bln in London IPO
Russian IT company Softline set its final offer price at $7.50 per global depositary receipt (GDR) for its initial public offering (IPO), the lower end of its target range, implying a valuation of around $1.5 billion, the company said on Wednesday.