Toy seller Detsky Mir plans listing as investors bet on Russia

Toy seller Detsky Mir plans listing as investors bet on Russia

A logo sits on display at the entrance to the headquarters of the Micex-RTS Moscow Exchange, Russia's benchmark stock index, in Moscow, Russia, on Monday, March 3, 2014. Photographer: Andrey Rudakov/Bloomberg

Children’s goods retailer Detsky Mir is planning an initial public offering in Moscow, hoping to cash in on an improved appetite for investing in Russia after a recovery in oil prices and signs that the country’s economy is stabilising.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter