Mail.ru prepares $750m IPO as dotcom gets Russian spin
Investor education kicked off on Monday for the London IPO of Russian new media firm mail.ru that could value the firm at $5bn, according to a source close to the company. If that target is reached, it would be more than double the value implied by the sale of a 10% stake to a Chinese investor as recently as April.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts