Russian toy retailer Detsky Mir's co-owners announce SPO
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MOSCOW (Reuters) - Russia's Sistema and Russia-China Investment Fund (RCIF) said on Friday they were aiming to reduce their holdings in toy retailer Detsky Mir by offering existing shares via a secondary public offering (SPO) set for next week. Sistema currently owns 52.1% of Detsky Mir, and RCIF - a joint investment fund of Russian Direct Investment Fund and China Investment Corporation - controls another 14%. The remaining 33.9% of shares are free-floating. In a joint statement, Sistema and..