Easing tensions lift Russian IPO hopes but tough market ahead

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Easing tensions lift Russian IPO hopes but tough market ahead

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2G5N2R4 President Joe Biden and Russian President Vladimir Putin participate in a tete-a-tete during a U.S.-Russia Summit on Wednesday, June 16, 2021, at the Villa La Grange in Geneva. (Official White House Photo by Adam Schultz) | Alamy Stock Photo

Equity capital markets are bracing for an influx of Russian IPOs in the autumn, following a slight easing of tensions between the US and Russia. However, not only is the threat of further sanctions still present, but Russian IPO candidates will also be heading into an increasingly crowded and difficult market, writes Aidan Gregory.

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