Analysts were scrambling for their atlases last month after Khelb Altaya (Altai Bread), floated on the RTS. The small flotation, even by Russian standards, of the federation’s biggest grain processor is the latest of a wave of “no name” corporates to pop up on investment bankers’ radar from the flourishing ranks of second-tier companies.
“There is a huge raft of companies with sales that have grown to $500 million or $1 billion a year but remain more or less anonymous.
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