Rusagro is seeking to raise about $300 million in an initial public offering (IPO), Reuters reports. The sugar and pork producer will sell new shares in the offering, while its main shareholder, Vadim Moshkovich, is yet to decide how much of his stake will be sold. Rusagro plans to use the proceeds from the offering to expand its production capacity, buy new land and pursue acquisitions. The sale will be coordinated by Alfa Capital Markets, Credit Suisse and Renaissance Capital.

Click here for the story from Reuters.