Source: Price guidance for Ozon’s IPO raised to $30 per ADS - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Price guidance for Ozon’s IPO raised to $30 per ADS

MOSCOW, Nov 23 (PRIME) -- The price guidance of an initial public offering (IPO) of Russian marketplace Ozon has been raised to U.S. $30 per American depositary share (ADS) from $22.5–27.5, a financial source told PRIME on Monday.

The deal is very popular and the guidance is likely to be final with a probability of 99%, the source said.

Ozon is offering 30 million ADSs.

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23.11.2020 13:46