Once more into the IPO breach with TS Lines
And we hope that in six-12 months’ time… well, hang in there
© Jiri Vaclavek
One of Russia’s largest haulage operators, Globaltruck Management, is to seek a public listing on the Moscow stock exchange to raise funds to expand its trucking fleet and “to make targeted acquisitions when appropriate”.
No timeline to the initial public offering (IPO) has been given, although the company said at least two-thirds of the offering would be in the form of new shares available to institutional and retail investors in Russia, as well as international institutional investors.
Co-founder and chief executive Alexander Eliseev ...
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