Russian diamond company will sell 20% of shares through IPO

According to the Russian business consulting network reported on May 25, Russian diamond company АЛРОСА is considering re-adjusting the company's listing plan and the company's financial evaluation model. It plans to sell about 20% of the shares through IPO in 2011, and plans to absorb 3 billion US dollars. Invest in projects newly developed by the company. It is said that the Russian diamond company was still heavily in debt a year ago. It was originally planned to repay the company's debt through the listing of funds, but the company's operating conditions have generally improved, and the debt can be resolved by itself.

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