Russian OS producer Astra Linux plans Moscow IPO, Vedomosti reports



Russian technology company Astra Linux is planning to hold an initial public offering (IPO) on the Moscow Exchange, the Vedomosti daily reported late on Thursday, quoting CEO Ilya Sivtsev, who declined to disclose a time frame, sums or terms.
IPO activity gained pace in Russia in 2021 and at least 10 firms had been planning listings in 2022 before Feb. 24 when Moscow sent troops into Ukraine, triggering Western sanctions that have hurt Russia's financial sector. read more
Vedomosti quoted Finam analyst Leonid Delitsyn as saying that Astra's preliminary valuation could be around 17 billion roubles ($274 million).
-
- Login or register to post comments
Printer-friendly version- 1249 reads
PDF version
More in Tux Machines
- Highlights
- Front Page
- Latest Headlines
- Archive
- Recent comments
- All-Time Popular Stories
- Hot Topics
- New Members
today's howtos
| Open Hardware: XON/XOFF and Raspberry Pi Pico
|
Security Leftovers
| How to Apply Accent Colour in Ubuntu Desktop
A step-by-step tutorial on how to apply accent colour in Ubuntu desktop (GNOME) with tips for Kubuntu and others.
|



This section of TuxMachines will no longer have new stories in it (with some caveats, including this post). To see the latest stories go to

.svg_.png)
Content (where original) is available under CC-BY-SA, copyrighted by original author/s.


Russian OS Producer Astra Linux Plans Moscow IPO -Vedomosti
Russian OS Producer Astra Linux Plans Moscow IPO -Vedomosti