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Monday, September 28th, 2020
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Tag Archives: Sovcomflot

Russian Shipping Giant Sovcomflot Want At Least $500 Million in IPO

Ship in icy water

REUTERS, SEPTEMBER 15, 2020 By Olga Popova, Gleb Stolyarov and Abhinav Ramnarayan MOSCOW, (Reuters) – Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia’s top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources. The move by the state-controlled firm …

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