Detsky Mir $157 million share offering

16/6/2020
Share offer

$ 157.3 million

Completed

16/6/2020


Overview:

  • Sistema and Russia-China Investment Fund, shareholders of the Russian children's toy retailer Detsky Mir, have sold a portion of their shares in a $157.3 million share offering.
  • The transaction included over 117 million existing shares in Detsky Mir, priced at R93 each.
  • Credit Suisse Securities, Goldman Sachs, Sberbank CIB and VTB Capital acted as Joint Global Coordinators and Alfa Bank acted as a Joint Bookrunner in the offering.

Natasha Forrest - Researcher

Jurisdiction:

Russia

Deal type:

Share offer

Practice area:

Capital markets : Equity

Industry sector:

Consumer goods and services


Firm:

Party: Sistema (Selling Shareholder)

Party: Russia-China Investment Fund (Selling Shareholder)