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Russia Cancels Rusagro Sugar IPO, citing “market volatility”


Rusagro Cancels Russian Sugar IPO, Citing ‘Market Volatility’
May 13 (Bloomberg) — OAO Rusagro, Russia’s largest sugar producer, postponed its initial public offering due to “market volatility,” even after OAO Sberbank pledged to buy most of the stock on offer.

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