+7 (495) 937-33-63 contacts


Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30

Main holder: Russia’s Dixy to hold SPO no earlier than 2013

MOSCOW, Nov 14 (PRIME) -- Russian retailer Dixy Group is expected to hold a secondary public offering (SPO) no earlier than in 2013, Igor Kesayev, president of Mercury group of companies, Dixy Group’s main shareholder, told reporters on October 12.

“It is likely (to take place) in 2013,” Kesayev said on the sidelines of an international financial conference held by Russia’s largest bank state-controlled Sberbank.

He did not provide any further details of the proposed offering.

In June, Kesayev said that Dixy Group could hold the SPO on the London Stock Exchange (LSE) or New York Stock Exchange (NYSE).

Dixy Group held an initial public offering (IPO) on the Moscow Interbank Currency Exchange (MICEX) in 2007.

Moscow-based Dixy, also known as Dixi, operated 994 stores as of August 31 under the Dixy, Megamart, Minimart, and Victoria brands.

Печать  Print
Information contained on this website, unless otherwise stated, is of an informative and ancillary nature or it represents merely the personal judgment of IC PROSPECT experts. It does not constitute an advertisement, offer or recommendation to make an offer to buy or sell any securities or financial instruments, products or services to which there may be a link on this website. It also does not constitute a suggestion or recommendation to perform any operations in the securities market. If you want to learn more about the consultancy and other services provided by the company, or about some other information contained herein, relying not merely on the materials published on this website, please contact the Securities Trading Department for professional consultancy or other service based on your individual circumstances. Certain securities and financial instruments can be offered and certain services rendered only to persons acknowledged as qualified investors. You can specify whether you are a qualified investor or learn about the procedure for qualification by contacting Anna Novoselova at (495) 937-33-63 extn. 6160.
Support & Development