Russia’s MTS Bank plans potential $165 mln spring IPO, sources say

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MOSCOW, Feb 12 (Reuters) – MTS Bank, the fintech unit of Russia’s largest mobile operator MTS, is planning an initial public offering (IPO) this spring and could raise up to 15 billion roubles ($164.60 million), four people close to the matter told Reuters.

($1 = 91.1275 roubles) (Reporting by Olga Popova Writing by Alexander Marrow Editing by David Goodman )

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