Discount critical for Domodedovo in latest Russian attempt
Pre-marketing began this week for the $1bn-plus London IPO of Moscow Domodedovo Airport (DME), with bankers confident the deal can break the run of withdrawn deals from the country, including Russian Helicopters earlier this month. Valuation will be critical, however, and bankers say that they recognise that it may need a larger-than-usual IPO discount.
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