Metro Delays IPO Of Russia Cash & Carry Unit Amid Market Turmoil
date:Mar 20, 2014
Saturn home-electronics stores, said on Jan. 20 it planned to proceed with a partial IPO of the Russian unit, which operates about 72 outlets and generated sales of 183 billion rubles ($5.1 billion) in 2013. Chief Executive Officer Olaf Koch has said the company may hold the offering in the first half of this year.

On March 13, Russian billionaire Vladimir Evtushenkovs children-goods retailer Detsky Mir Group postponed its planned London IPO amid the escalating tensions over Ukraines Crimea reg
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