Russian IT firm Softline mulls Moscow IPO after split from global partner -sources


FILE PHOTO A board with the logo is on display outside the office of the Moscow Exchange in the capital city of Moscow Russia March 24 2022. REUTERSMaxim Shemetov

FILE PHOTO: A board with the logo is on display outside the office of the Moscow Exchange in the capital city of Moscow, Russia March 24, 2022. REUTERS/Maxim Shemetov

MOSCOW (Reuters) - Russian IT company Softline, newly spun off from its global partner, is now considering an initial public offering (IPO) on Moscow Exchange, two sources familiar with the plans told Reuters, the latest sign of life in Russian equity markets.

One of the sources, in investment banking circles, said Softline was aiming to list in the third quarter of 2023.

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