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MTS Bought A Stake In Ozon Online Store
6.05.2014 07:43
MTS Bought A Stake In Ozon Online Store

MTS mobile operator has acquired 10.8% shares of Ozon Holding, which owns the online store, operator’s press service reported.

      The deal amounted to $ 75 million. Concurrently with this, a similar deal was made by Systema JSFC, which owns the operator. Terms of the acquisitions are identical and in total it concerns 21.6% of the Ozon shares with total cost of $ 150 million. According to the report, this acquisition will allow MTS to use logistical infrastructure of Ozon; its service delivery capabilities and industry experience for developing its own online store.


Author: Anna Dorozhkina

Tags: MTS     

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