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«AgroInvest» — News — 

Valinor is aiming at increasing its size

2011-08-10 12:34:20

Owner of the company, Kirill Podolskiy has thought of a potential increase in assets of the company as a potential tool for attracting new investors. Valinor was planning its IPO during this year, but was forced to move it due to lack of demand on behalf of investors. Company was planning to raise approximately 200-300M USD. Aside from unfavorable market conditions, owner of the company has determined its small size as a drawback for the decent number of investors to be interested in it. Mr. Podolskiy has also stated that only large companies are having chances for staying in the capital market as synergy between the divisions is one of the main advantages of those companies. It is thought that the best option for Valinor is to merge with meat or milk companies, which would complement and strengthen the activities of both companies.