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Latham & Watkins Advises on Ozon Holdings’ US$1.1 Billion IPO

November 30, 2020
Cross-border team represents underwriters in offering by leading Russian e-commerce platform.

Latham & Watkins advised the underwriters on the US$1.1 billion initial public offering of Ozon Holdings PLC (Ozon) on Nasdaq. The offering by Ozon, a leading Russian e-commerce platform, consisted of 37,950,000 American Depositary Shares (ADSs) representing 37,950,000 ordinary shares at a price to the public of US$30 per share.

The Latham team was led by Moscow corporate partners David Stewart and Olga Ponomarenko, with Moscow associate Ekaterina Pavlyuchenko and London associates Jennifer Gascoyne, Sarah Youssefi, and Emily Simons.