Global Capital Markets

Story: XXI Vek, the Ukrainian financial industrial group, is to float on the AIM section of London Stock Exchange, according to Delo. The unsourced report said the floatation is likely to take place by the end of the year with ING Bank being responsible for placement. The report cited experts who said that this was likely to value the group at USD 530m.
XXI Vek is owned by Kiev city councillor Lev Partskhaladze. It owns the Kvadrat chain of department stores, the Shvydko fast food chain and the real estate company Zhile XXI Vek.

Source: Delo
Value: USD 530m (Valuation of XXI Vek after floatation)