Russian mobile retailer Euroset is considering a listing in London this year, while also looking at alternative funding options, Reuters reports.
The company reportedly selected banks to organise the listing last January.
Last year, finance director…
Russian mobile retailer Euroset is considering a listing in London this year, while also looking at alternative funding options, Reuters reports.
The company reportedly selected banks to organise the listing last January.
Last year, finance director Dmitry Milshtein was quoted saying that an IPO of up to 30% of Euroset shares was set for spring or autumn 2011.
Back in November, Euroset was reportedly valued at US$520m.
Russian businessman Alexander Mamut holds 50.1% of Euroset, while VimpelCom owns the remaining 49.9% stake.
VimpelCom declined to comment and Euroset was not available for comment before press deadline.
