Valinor Considers Float in Warsaw

Russian farming company Valinor said Tuesday that it is considering an initial public offering of $200 million to $300 million on the Warsaw Stock Exchange to fund land acquisitions and invest in production. Valinor controls 358,000 hectares of land in the fertile “black earth” regions of Russia and Ukraine. It mostly cultivates cereals and oilseeds, and last year its harvest totaled 1.2 million tons. Bookrunners for the IPO are […]