Monday, September 19, 2005

FK Uralsib eyeing an IPO in 2007 or 2008

19/09/2005
Story: Financial Corporation UralSib of Russia is planning an IPO in 2007 or 2008, according to a Vedomosti daily, quoting UralSib managing director, Alexei Chalenko. Currently the company is in the process of consolidation of its business, which is a preparation for the listing.
At present, the operational assets of Financial Corporation UralSib (formerly NIKoil Financial Corporation ) amount to USD 6.2bn, according to company's web site.

Source: Vedomosti, Company Web site
Value: $6,200m (Financial Corporation UralSib current operational assets )



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