Centrobuv To Raise $800M In IPO

Centrobuv is seeking to raise around $800 million in an initial public offering.

Centrobuv is seeking to raise around $800 million in an initial public offering (IPO), NASDAQ reports. The Russian shoe retailer’s shares will be listed in Hong Kong.

Centrobuv will launch the IPO in the fourth quarter of 2011. It has appointed Bank of China International Holdings, Morgan Stanley, Renaissance Capital and VTB Capital to handle the issue.

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