(Bloomberg) -- PIK Group, a Russian property company focused on residential construction, plans to sell shares with a price range of $25 to $31 in what may become the largest ever initial public offering by a developer in Europe.
PIK seeks to raise as much as $2.2 billion in the sale, which will value the company at between $11.4 billion and $14.1 billion, the company said in an e-mailed statement today.
Read more at Bloomberg Currencies News
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