Alrosa possible IPOhttps://www.idexonline.com/portal_FullNews.asp?id=27114
Alrosa Not Ruling Out IPO
(March 1, '07, 7:04 Edahn Golan)
It is not only Lev Leviev who is entertaining the thought of floating Russian diamond operations. Alrosa president Sergei Vybornov said an IPO is a possibility – although it hinges on increased revenues.
“I'd not start talking about an IPO while sales are at around $3 billion,” Vybornov told Interfax in an interview published today. “As soon as Alrosa opens up then things will become clear. A share float? Why not? But we'd need to be cautious because there are no diamond companies there yet, no history track, let's say.”
In the past, Alrosa has raised the option of going public. However, to trade on one of the European or U.S. exchanges, the company would need to become much more transparent than at present.