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Russian investment group Aton plans IPO in 2022 – sources

MOSCOW, Dec.21 (Reuters) – Russian investment group Aton is considering an initial public offering (IPO) in 2022, potentially joining the wave of Russian company listings that started last year, three sources close to it said on Tuesday. plans of the company.

After a few fruitless years, IPO activity has picked up in Russia thanks to a post-pandemic economic recovery, a surge in global stock markets and the growing number of retail investors.

A source familiar with Aten’s preparations for the IPO said the brokerage aimed to offer shares to retail investors and could raise between $ 100 million and $ 200 million.

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Aton would like to list his shares within nine months and is now choosing banks to organize the deal, another source close to Aton’s plans said.

A financial market source confirmed that Aten plans to raise funds as part of an IPO next year.

Aton declined to comment.

Aton, a pioneer among Russian investment firms and brokerage firms, was founded in 1991, the year of the collapse of the Soviet Union.

At least 10 Russian companies could go public in 2022 if geopolitics, including tensions in Ukraine, and other risks do not thwart their plans, bankers and advisers have said. Read more

Another IPO candidate, Russian group Melon Fashion Group, has chosen Sberbank CIB, VTB Capital, Goldman Sachs and BofA to help organize its listing as early as next year, sources told Reuters on Tuesday. knowing the plans of the company. Read more

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Report by Andrey Ostroukh; edited by David Evans

Our standards: Thomson Reuters Trust Principles.

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