Appetite for Russia returns as top banks launch Detsky Mir IPO

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Appetite for Russia returns as top banks launch Detsky Mir IPO

Russia economy foreign exchange AP 230x150
Alexander Zemlianichenko

The thaw in Western equity investors' and banks' sentiment towards Russia continued this week as Detsky Mir, the toy retailer, announced plans for the first Russian IPO of 2017, to be led by an array of bulge bracket investment banks.

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