Russian payment service provider QIWI files for a $100 million IPO

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QIWI, a leading provider of payment services in Russia, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The Nicosia, Cyprus-based company, which was founded in 2004 and booked $293 million in sales for the 12 months ended December 31, 2012, plans to list on the NASDAQ under the symbol QIWI. QIWI initially filed confidentially on 11/5/2012. J.P. Morgan and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.

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