MOSCOW, Oct 7 (Reuters) - Russian grocery chain Magnit will meet investors ahead of a planned secondary share placement on Oct 27-28 and may decide on pricing by the end of the month, sources close to the deal said on Wednesday.
One source said the company did not plan to pre-market the placement and had yet to decide whether to announce a price range for the sale.
Industry sources earlier told Reuters Magnit had hired VTB Capital and Morgan Stanley for a potential secondary share offering which could raise around $800 million at current prices if it places the full volume. (Reporting by Olga Popova and Maria Plis; writing by Maria Kiselyova; editing by Melissa Akin)