Sovcomflot lobbies for IPO

Russia's largest shipping company, state-owned Sovcomflot, wants the government to float 35 to 40% of its shares to raise up to $300 million. The company?s general director Dmitry Skarga said the company preferred American depositary receipts as a way for listing the company's stock abroad, which would help the oil ...

Continue this article…

Already subscribed? SIGN IN now

V2-MS

Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!