Segezha starts Moscow IPO attempt

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Segezha starts Moscow IPO attempt

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P8CP8Y Kirov, Russia. 11th July, 2018. KIROV, RUSSIA - JULY 11, 2018: A new birch plywood production line launched by the Segezha Group industry holding, part of Sistema. Vladimir Smirnov/TASS Credit: ITAR-TASS News Agency/Alamy Live News | Alamy Stock Photo

Segezha, the Russian paper and pulp company, has filed initial paperwork for an IPO on the Moscow stock exchange. The company is hopeful of becoming the first listed Russian company in its sector, but IPO market turbulence and sanctions fears hang over the offering.

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