VTB Capital values Russian Helicopters at $2.5-3 bln ahead of IPO

VTB Capital, the investment business of Russia’s second largest lender VTB, has valued Russian Helicopters, which designs and manufactures civil and military helicopters, at $2.5-3 billion ahead of the company’s initial public offering (IPO) in London and Moscow, a source close to the IPO lead managers said on Thursday. Russian Helicopters intends to hold an […]