IES hires consultants for share conversion
MOSCOW. Feb 11 (Interfax) - IES Holding has hired Credit Suisse and VTB to consult it on the conversion to a single share, Viktor Vekselberg, the electricity company's core owner, told Interfax.
"This'll be a lengthy program, it'll take at least two years," Vekselberg said.
The company might hold an IPO in time. "That's a possibility, but a distant one," Vekselberg said.