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Russian agricultural holding Valars Group is planning an IPO on the Warsaw Stock Exchange in May 2011. The company expects IPO in early May, following reports for 2010.
The organizer of the IPO is Deutsche Bank. Soon the company may sign a mandate with another bank.
Valars Group plans to sell 40 percent of shares and generate $ 300 million.
According to preliminary estimates the cost of the company Valars Group is more than $ 1 billion.
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