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Euroset to seek IPO in London in 2011

Files under: Mobile, News, Tech
Posted by: admin @ 06:41 [11. 11. 10]

The largest Russian mobile phone retail chain Euroset, which plans IPO in London in 2011, is selecting IPO managers, reported newspaper Vedomosti. The company, which may sell up to 30% of its shares, could be valued at over $2 billion. Founded in 1997, Euroset is 50.1% owned by Russian investor and entrepreneur Alexander Mamut. Russia’s [...]

LiveJournal Co-Owner Buys Euroset For $1.25 Billion

Files under: Mobile, News
Posted by: Quintura @ 08:58 [22. 09. 08]

The investment company A&NN Capital Management Fund of Alexander Mamut, who owns a significant stake in LiveJournal-owner SUP, agreed to acquire the largest mobile phone retailer in Russia, Euroset, reported business daily newspaper Kommersant. The deal valued Euroset at an enterprise value of $1,250 million including $850 million in debts, the daily said. Founded in [...]