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24.10.2007

36.6 Plans to Raise $112M

Pharmacy chain 36.6, the country's largest drugstore chain, plans to raise $112 million in a secondary share sale to fund store openings and acquisitions.

The company on Tuesday began selling 1.5 million new shares for 1,889 rubles ($75.80) each on the RTS and MICEX, said Maxim Arkhipov, head of corporate finance at the retailer. (Bloomberg)


Source:  themoscowtimes.com

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