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Russia – HeadHunter prepares to hold IPO this year (Moscow Times)

12 April 2019

The Moscow Times reports Russian job board HeadHunter is preparing for a $250 million initial public offering (IPO) in May-June 2019 on American stock exchange NASDAQ. The Moscow Times cited Russian daily newspaper Vedomosti. HeadHunter had originally planned to hold an IPO in December 2017 and in 2018, it was reported that the company was once again considering the possibility of an IPO, however this was postponed as on 6 April 2018, the US government announced a package of anti-Russian sanctions. In 2016, Mail.Ru Group Ltd. sold HeadHunter to an investor consortium led by Elbrus Capital, a private equity business in Russia, for RUB 100 billion ($132.3 million).