Russian Internet investment Digital Sky Technologies (DST) is planning to list on the AIM in London in 2011, Ria Novosti reports quoting Vedomosti business daily.
Goldman Sachs, JPMorgan and Morgan Stanley have reportedly been appointed lead-managers for…
Russian Internet investment Digital Sky Technologies (DST) is planning to list on the AIM in London in 2011, Ria Novosti reports quoting Vedomosti business daily.
Goldman Sachs, JPMorgan and Morgan Stanley have reportedly been appointed lead-managers for the listing of between 10% to 25% of the company’s shares.
In July, when the South African media company Naspers exchanged its 39.3% stake in Mail.ru for a 28.7% stake in DST, the latter valued at almost US$4bn.
DST was founded in 2005 by Yuri Milner and Gregory Finger, which, according to the company’s website, still control the company. It owns web portal Mail.ru, social network VKontakte and instant messaging service provider ICQ. It also has a stake in Facebook.
DST declined to comment.
