OST EXPECTS STRONG INTEREST IN ITS IPO

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 ...


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