The Russian brewery Tinkoff is trying to raise between $US5m and $7m by placing a quarter of its shares among portfolio investors, the company said in a statement Monday.
It went on to say that this total could risr to 50% by 2005 and may also be followed by an initial public offering, the statement said. No other details were available.
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Tinkoff group includes Interbir and Novye Tekhnologii (New Technologies) companies. It also runs a brewery in Pushkin and restaurants in Novosibirsk, Samara, St. Petersburg, and Moscow.
