Russian hypermarket chain Lenta to float on London stock market …

People walk out of a Lenta supermarket in Moscow. Photograph: Maxim Shemetov/ReutersThe Russian hypermarket chain Lenta has announced plans to float in London with a valuation of over $5bn (£3bn).The company, in which the US private equity firm TPG and Russia’s VTB Capital have the biggest stakes, has jumped a queue of British retailers that are set to follow suit […]