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Russia's Segezha IPO: bids under 8 roubles per share risk missing out, say sources

MOSCOW, April 27 (Reuters) - The organisers of an initial public offering (IPO) by Russian forestry group Segezha are guiding investors that bids under 8 roubles ($0.1069) per share risk missing out on the transaction, three financial market sources told Reuters on Tuesday.

Segezha, controlled by conglomerate Sistema, said earlier this month the IPO would involve a primary offering of newly issued shares to raise at least 30 billion roubles, plus an over-allotment option of secondary shares. ($1 = 74.8650 roubles) (Reporting by Olga Popova; Writing by Alexander Marrow Editing by Katya Golubkova)

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