Rustranscom postpones IPO, looks to PE

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By Sam Kerr
23 Apr 2019

Rustranscom, the Russian freight and logistics operator, has decided against a listing that it had begun marketing in London and has opted instead for a private equity transaction.

Credit SuisseJP Morgan, Sberbank and VTB Capital were global coordinators on the IPO. Société Générale was a bookrunner.

Rustranscom had set out to issue $300m of primary shares in the mooted IPO, to expand the company via acquisition of rolling stock. It has been in the market for ...

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