Exclusive-Russian car-sharing firm Delimobil eyes US$350 million New York IPO in autumn -sources

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MOSCOW : Russian car-sharing company Delimobil could raise around US$350 million in an initial public offering in the United States this autumn and has picked banks to arrange the listing, financial market sources told Reuters on Tuesday. Three sources said the company was targeting an offering this autum

MOSCOW : Russian car-sharing company Delimobil could raise around US$350 million in an initial public offering in the United States this autumn and has picked banks to arrange the listing, financial market sources told Reuters on Tuesday.

Delimobil, one of Russia's biggest car-sharing providers along with Yandex.Drive and others, declined to comment. Bank of America, Citi, VTB Capital and Renaissance Capital declined to comment. UBS and Sberbank CIB did not immediately respond to requests.

 

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