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One of the largest Russian agro-holdings - "Rusagro" is preparing for IPO in May 2010, which will be held at the Russian exchanges, told Reuters a source close to IPO process.
On Friday, the newspaper "Kommersant" reported that the IPO will take place in London.
"None. IPO will be fully in Russia", - said the source of Reuters.
"None. IPO will be fully in Russia", - said the source of Reuters.
The whole group is evaluated at about $ 1 billion, and it intends to attract at the exchange about $ 250-300 million on development, confirmed the source of Reuters.
Nat Lawyer
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