Analysts estimate the owner of the Red & White network at $12-18 billion

Company declared an exit to IPO Mercury Retail, owning retail networks "Red %26 White" and "Bristol", declared carrying out public primary placement of global depository receipts at PUBLIC JOINT-STOCK COMPANY MOSKOVSKY EXCHANGE. Company already submitted an application about the admission of papers to auction. Under management Mercury Retail is more than 14 000 shops of brands "Red %26 White" and "Bristol" in 68 regions Russian Federation. The total floor space of shops for June 30, 2021 made more than 1 mln sq.m. The revenue for 2020 made 577 billion rubles, the net profit – 25,7 billion rubles Company belongs to Sergei Petrovich Studennikov...