Trust Technologies (the former Russian arm of PwC) has valued Anton Cherepennikov’s ICS Holding at 300 billion rubles amid plans to conduct an IPO, RBC reports, citing a source familiar with the analytics company’s conclusion.
ICS Holding unites the manufacturer of servers and data storage systems KNS Group (Yadro brand), Citadel, manufacturer of operational intelligence systems (SORM), Garda Technologies, developer of information security solutions, and other companies.
The holding company plans to enter the public market in 2024, and is also in talks about the placement of debut bonds, the source knows.
ICS Holding called the figure of 300 billion rubles “as close as possible to reality.” The deputy general director of Finance and Treasury of ICS Holding, Natalia Zabavina, explained that the company carries out an independent credit evaluation of the holding company and its assets in order to “understand the investment potential and financial opportunities, as well as select profitable instruments”. .
The company’s representative also confirmed plans to issue bonds: the amount could be up to a billion rubles, the term is one year. The final decision on the ICS Holding issue will be made by the end of the year.
Author:
anastasia mariana
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
