Russian ECM momentum builds with HeadHunter sale

By Sam Kerr
15 Jul 2020

A 5.75m American Depositary Receipt (ADR) trade in HeadHunter Group, a company which produces software for recruiters, has become the latest in a string of Russia equity placings.

Goldman Sachs, Morgan Stanley and VTB Capital are underwriters and bookrunners on the sale on the Nasdaq stock exchange.

The seller in the deal is ELQ Investors VIII Ltd, an investment vehicle associated with Goldman Sachs.

ELQ, a seller in HeadHunter’s 2019 IPO, has initially set ...

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