MOSCOW Feb 14 Russian food retailer Lenta
may sell some of the shares held by its biggest
shareholders in a public offering in the near future, three
banking sources told Reuters on Tuesday.
Two of the sources said U.S. private equity fund TPG, which
owns 34 percent of Lenta's shares, was expected to sell a part
of its stake.
"TPG has indicated its intention to reduce its stake," one
of the sources said, adding that the final decision will be made
after investor meetings which are expected to start shortly.
The third source did not rule out that the European Bank for
Reconstruction and Development (EBRD) could also reduce its 7.37
percent stake in Lenta.
Lenta declined to comment. TPG and EBRD did not immediately
provide a comment in response to Reuters request.
(Reporting by Katya Golubkova, Olga Popova, Olga Sichkar and
Maria Kiselyova; Editing by Jack Stubbs)