Russia's Ulmart in talks with funds on private placement - co-owner

ST PETERSBURG, Russia (Reuters) - Russian Internet retailer Ulmart is in talks with several funds on a private placement of about 15 percent of its shares, hoping to raise at least $150 million this year, the company's chairman of the board and co-owner said on Thursday.

from Reuters: Technology News http://ift.tt/1JWowLb