OREANDA-NEWS. October 08, 2010. Arrangers of O’Kay retail chain’s IPO have estimated the company’s market value at USD 2.9-3.3 bn, one of the arrangers, VTB Capital said in a research note.

The valuation is based upon the estimates for the retail network’s ruble revenue 2009-2014 CAGR of 32.7%, trade area CAGR of 28.2% and LFL sales average annual growth of 5.3%.