Latham & Watkins has advised the underwriters on the USD 1.1 billion initial public offering of Russian e-commerce platform Ozon Holdings PLC on Nasdaq. Debevoise & Plimpton advised Ozon Holdings on the deal.
The underwriters included Morgan Stanley & Co. and Goldman Sachs & Co. as joint lead book-running managers, Citigroup Global Markets Inc, UBS Securities LLC, Sberbank CIB Limited, and VTB Capital plc as joint bookrunners, and Renaissance Securities Limited as co-lead manager.
The offering consisted of 37,950,000 American Depositary Shares representing 37,950,000 ordinary shares at a price to the public of USD 30 per share.
Latham & Watkins’s team included, in Moscow, Partners David Stewart and Olga Ponomarenko and Associate Ekaterina Pavlyuchenko; and in London, Associates Jennifer Gascoyne, Sarah Youssefi, and Emily Simons.
Debevoise & Plimpton's team included London-based Partners James Scoville and Cecile Beurrier, International Counsel Vera Losonci, Moscow-based Partner Alan Kartashkin and Associates Evgenii Lebedev, Charles Low, Timur Ochkhaev, and Yilong Luo, and New York-baed Counsel Huey-Fun Lee and Associate Sabrina Hsieh.
