Naspers Co-Owned Mail.ru To Do IPO At $2 Billion Value in London

Files under: News, Tech
Posted by: Yakov @ 09:59 [21. 05. 08]

The largest Russian free web mail provider and portal Mail.ru is expected to do an initial public offering (IPO) of shares in London in 2008 that would value the company at $2 billion, reported business daily Kommersant today. It is said that the company is discussing IPO terms with the banks Citibank, Goldman Sachs and [...]

Yandex To Raise Up To $2 Billion at IPO In Fall 2008

Files under: News, Tech, Web 2.0
Posted by: Yakov @ 23:36 [20. 05. 08]

The leading Russian search engine Yandex is expected to raise up to $2 billion at initial public offering (IPO) of shares in New York in the upcoming autumn based on the company’s preliminary valuation of $5 billion, according to Reuters. Yandex is said to have mandated the investment banks Morgan Stanley, Deutsche Bank and Renaissance [...]