Rusagro Plans IPO In April 2011 In London

 Russia's largest producer of sugar agroholding Rusagro resumed preparations for the IPO and plans the placement in April 2011 on the London Stock Exchange, Reutersreported. 


the selling shareholders will be a Cyprus subsidiary of Rusagro - the company Matchzone Holdings Limited. In late December Matchzone increased its share in Rusagro to 14,3 percent of shares. Traditionally, the minimum amount companies attract during the IPO in London is about $ 400 million. 


Organizers of the placement were chosen last year. They are Renaissance Capital, Credit Suisse, Alfa-Bank and Sberbank.

Russian Market of IPO / SPO January-June 2010

The following study covers the processes of a public offering (IPO / SPO / PO) ordinary / voting shares in companies across a wide and limited circle of investors with the passage of a listing on the Stock Exchange for the period January-June 2010. 

Results for the first six months of 2010 are encouraging and justify the hopes of 2009 - "We hope for growth." 


Quantitative volume (13 offerings) is close to the maximum value for all time of existence of the Russian market of IPO / SPO (in 2007), and the value ($ 3.9 billion) is less than just the same peak in 2007 (which were related accommodations of  VTB, Sberbank and PIC, Uralkali, etc.). 

It is worth noting that the results of the first half of 2009 reflect the dynamics of the entire Russian stock market.  RTS and MICEX and market of IPO / SPO showed values comparable to 2004 in this period. 


Summarized data of the Russian market: 

• 13 - Quantitative market volume;
• $ 3,939 million - the value of the market;
• $ 302,9 million - the average volume of distribution;
• 11,9% - the weighted average of shares placement;
• 53% of the value of the market posted on the Hong Kong Stock Exchange (HSEx);
• 57% of the value of the market falls to accommodate Rusal;  
• 32% of the quantitative amount of the market is the fuel industry; 
• Highest Rated consultants:
Renaissance Capital - The organizer of placement and placement underwriter; 
Cleary Gottlieb Steen and Hamilton - Associate of the Issuer; 
Linklaters - Associate Consultant; 
KPMG - Auditor of the Issuer;
Financial Dynamics - IR-consultant of the Issuer.


By materials of Analytical Group ReDeal Project 

SPO Of Russian Alcohol Producer "Synergy"

The placement price of shares of vodka producer Synergy is defined in the $ 36 - at the lower end of the range, a source close to the placement reported.
The range of secondary offering (SPO) is $ 36-40.
Synergy placed 15 percent of existing shares to repurchase securities of the shareholders of the new issue. Total for placement are offered 2.9 million of common shares, selling shareholder is Sword Enterprises Ltd.
The source said that the company proposed to place the entire volume. This corresponds to the proceeds from the SPO to $ 104.4 million.
Organizers of the SPO are VTB Capital and Renaissance Capital.
The proceeds from secondary public offering of funds (excluding the cost of accommodation) will be used by the company to reduce debt, as well as on potential transactions in mergers and acquisitions, the exit direction in the price segment, where products are not yet represented.
Synergy is the second largest producer of alcoholic beverages in Russia by production volume and occupies 9 percent of the country's legal market with shipments of 10.131 million dal (by Rosstat's data in 2009).

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