We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Storing up

14 February 2014 By Quentin Webb

The Russian hypermarket retailer is asking for a $4.1 to $5 bln equity valuation for its London share listing. That implies a lower valuation than sector leader Magnit, which looks apt. Lenta is growing fast but smaller and less established, and the backdrop is tough.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)