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Sector
Telecoms
Size
Mid Cap
Market Cap £1.97bn
Enterprise Value £9.20bn
Revenue £6.57bn
Position in Universe 272nd / 1819

Russia's Sistema says Detsky Mir share sale raises $158 mln

Wed 17th June, 2020 7:30am
MOSCOW, June 17 (Reuters) - Russian conglomerate Sistema
 AFKS.MM  and the Russia-China Investment Fund will raise about
11 billion roubles ($158.26 million) from the sale of shares in
Russia's largest children's goods retailer Detsky Mir  DSKY.MM ,
Sistema said on Wednesday.
    The sale of 117.8 million shares, or a 15.94% stake in
Detsky Mir, through an accelerated bookbuild, was priced at 93
roubles per share, Sistema said in a statement.

 ($1 = 69.5060 roubles)

 (Reporting by Nadezhda Tsydenova; writing by Maria Kiselyova;
editing by Tom Balmforth)
 ((maria.kiselyova@thomsonreuters.com; +7 495 775 1242; Reuters
Messaging: maria.kiselyova.thomsonreuters.com@reuters.net))
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