Syktyvkar Tissue plans stock exchange listing

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The Russian Syktyvkar Tissue Group (STG) is planning to sell shares in the company to finance its expansion plans. 30% of the STG shares are to be listed on the Moscow stock exchange in the weeks ahead. The IPO is being organised by Alor Invest and Veles Kapital. STG will use IPO proceeds, amounting to up to RUB700m, ...

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