Latham & Watkins has advised PIK Specialized Homebuilder on the secondary public offering of quasi treasury ordinary PIK shares by its fully owned subsidiary PIK Investproekt.
According to Latham & Watkins, PIK is the largest Russian residential developer and a fast-growing technology company. “Based on the results of the bookbuilding, the offer price was set at RUB 1,275 per share, with the total size of the offering totaling RUB 36.28 billion.”
The Latham & Watkins team was led by Partners Olga Ponomarenko and David Stewart and included Counsel Edward Kempson and Associates Alexander Kartyshev and Anton Vologin.
Latham & Watkins did not reply to our inquiry on the matter.
