Reuters logo
Russia's Sistema, MTS buy stakes in Ozon for $150 mln
April 29, 2014 / 2:20 PM / in 4 years

Russia's Sistema, MTS buy stakes in Ozon for $150 mln

MOSCOW, April 29 (Reuters) - Russian oil-to-telecoms conglomerate Sistema said on Tuesday it and its telecoms subsidiary MTS would each pay $75 million for 10.8 percent stakes in e-commerce company Ozon.

Sistema has signed binding agreements to participate in a private placement of Ozon and the transaction was completed upon signing, it said in a statement. (Reporting by Maria Kiselyova, Editing by Alexei Anishchuk)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below