Russian online retailer Ozon targets to raise up to $825m in US IPO

Russian online retailer Ozon targets to raise up to $825m in US IPO

Mets Ozone photo by Hankyu REIT

Russian online retailer Ozon Holdings is looking to raise up to $825 million from a U.S. initial public offering (IPO), it said in a regulatory filing on Tuesday.

The company, which filed its registration statement for the IPO earlier this month, said it expects to price the offering of 30 million American depositary shares (ADS) between $22.50 and $27.50 apiece.

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