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Yevroset Plans IPO in 2011

Yevroset plans to conduct an IPO next year, Kommersant reported Monday, citing the company’s president.

Yevroset will sell shares in 2011, “if the market is good,” Alexander Malis said in an interview.

The company, part-owned by VimpelCom, should have at least 30 percent of its shares publicly traded, Malis was cited as saying.

(Bloomberg)

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