Ukrprominvest Plans Roshen IPO.

The group’s management announced plans to list shares of its companies, including Ukraine’s biggest confectioner, Roshen, on foreign exchanges. No details were announced. The head of Ukrprominvest’s board said small stakes would be sold in order gauge the market value of the businesses. The announcement follows a private placement earlier this year of 8% of Lutsk Automobile Plant (LUAZ), one of Ukrprominvest’s companies, for $16m. Olha Pankiv: An IPO of Roshen would attract strong interest, especially since no confectionery companies are currently traded.