PIK block sold amid Russian resurgence
Equity bankers and investors are hot on Russia and a block on Wednesday night in PIK Group, the country’s largest real estate firm, served as a further example of the remarkable recovery of Russian ECM.
The deal comprised 14.2m secondary shares sold by Firlibia Holdings, a vehicle owned by Mark Rhodes, an unconnected minority shareholder.“It went very well; it was wall-crossed prior ...
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