Russian IT firm Softline sets IPO price range, valued up to $1.93 billion
Russian IPO activity, hit by the COVID-19 pandemic last year, is picking up pace as the economy improves and concerns over fresh Western sanctions fade. The Moscow Exchange expects to hold 10 share listings by the end of the year
Softline, headquartered in London and operating in more than 50 countries, said the offering is expected to value the company at between $1.49 billion and $1.93 billion