Fix Price may go public on March 10

Shares of the retailer Fix Price may appear on the London Stock Exchange on March 10, reports Prime , citing sources. According to them, the collection of applications during the upcoming IPO will be held from 1 to 4 March.

The Fix Price valuation range will be $7-11.5 billion, Forbes said earlier, citing sources. Depending on the success of the IPO, the company can raise from $1 billion to $1.5 billion.

The Financial Times wrote that Fix Price could raise at least $1 billion, with a valuation above $6 billion.

• The Fix Price network was founded in 2007 by Sergey Lomakin and Artem Khachatryan. Now it has 4.2 thousand stores. Revenue in 2020 amounted to 190 billion rubles.
• In early 2020, acquired a minority stake in Fix Price. Goldman Sachs