Rotorcraft Update: Russian Helicopters Postpones IPO

 - May 23, 2011, 3:35 PM

Russian Helicopters postponed its offering of “ordinary shares and global depositary receipts” last month. Board member Andrei Reus said he believed “market participants will benefit from more time to reflect upon the true value and growth potential of the business.” When announced in April, the total size of the IPO was expected to exceed $500 million.