Russian internet company Mail.ru Group was a star attraction when it debuted on the London Stock Exchange last month, providing firm evidence of investor demand for a wide range of assets from the former Soviet Union.
Mail.ru’s listing was one of a quartet of equity deals from Russia in November that raised more than $2 billion. Bankers hope these successes could set the stage for $28 billion of share sales next year, the most since record-breaking 2007.
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