RUSSIA: Magnit coy on talk of share offering

By: Petah Marian | 4 April 2011

Russian grocery retailer Magnit has remained coy on speculation that it may hold a share offering in the autumn to raise at least US$500m to finance investment.

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Russian grocery retailer Magnit has remained coy on speculation that it may hold a share offering in the autumn to raise at least US$500m to finance investment.

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