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Russia’s Sovcomflot IPO Hobbled by Weak Freight Markets
Russia’s Sovcomflot IPO Hobbled by Weak Freight Markets
By Oksana Kobzeva MOSCOW, Jan 15 (Reuters) – Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO). The Russian government has weighed a listing of Sovcomflot for years as part of broader privatisation plans, but obstacles ranging from weak markets to […]
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By Oksana Kobzeva MOSCOW, Jan 15 (Reuters) – Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO). The Russian government has weighed a listing of Sovcomflot for years as part of broader privatisation plans, but obstacles ranging from weak markets to […]
[post_title] => Russia’s Sovcomflot IPO Hobbled by Weak Freight Markets
[post_excerpt] => By Oksana Kobzeva MOSCOW, Jan 15 (Reuters) – Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO). The Russian government has w...
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