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in which its shareholders sold 15% of the company for $1.85 bn, giving the company a capitalization of $12.3 bn. In 2013, the company carried out an additional share placement and its shares traded on the London Stock Exchange and the Moscow Interbank Exchange. In June 2017, PIK delisted from the London Stock Exchange and consolidated its share trading on the Moscow Exchange. In 2013, an integrated production company called PIK-Industriya

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