Deals
Russian Billionaire Weighs IPO of Paper Producer
- Segezha may be valued at $808 million, Sova Capital says
- Evtushenkov also owns stake in Ozon, which listed last year
Operations at Segezha Packaging.
Source: Segezha
This article is for subscribers only.
Billionaire Vladimir Evtushenkov is considering an initial public offering of wood, paper and packaging producer Segezha Group after an ecommerce operator he holds a stake in notched the most successful Russian debut in nearly a decade last November.
Evtushenkov’s Sistema PJSFC is preparing Segezha for a listing in 2021, the investment company said in a statement Monday. A formal decision to sell shares hasn’t been made yet, it said.