Belarus food retailer Eurotorg delays London IPOStaff Writer | November 7, 2018
Eurotorg Holdings, the biggest food retailer in Belarus, on Tuesday delayed its plans to list its shares in London, blaming current market conditions.
Europe Eurotorg announced its plans to list in London last month
Eurotorg announced its plans to list in London last month, and the deal, based on average valuation multiples of its peers, could have valued the company at over $3 billion including debt. ■