OST EXPECTS STRONG INTEREST IN ITS IPO
May 1st, 2008
BY MARK ROWE
THE OST-group - one of Russia's largest alcoholic and non-alcoholic drinks firms - has announced plans to secure a portfolio investor during the initial public offering (IPO) of its business this year. Speaking to just-drinks.com, a spokeswoman for OST group, which has more than 30 companies, said that IPO "was still in the early stages", but added: "We think this is an important development for us and we are anticipating strong interest from portfolio investors. The IPO will enable OST to expand." She said it was seeking an ...
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