Ozon to go West

Direct investment fund Baring Vostok Capital Partners (BVCP) has become the owner of almost 100% of the shares in the Ozon.ru store. Baring Vostok representative Yakov Minevich confirmed the possibility that Ozon could be sold to a Western company, writes the Vedomosti newspaper. Finam financial expert Igor Veretennikov values the controlling interest in Ozon at $60-70m and the whole store at $70-80m. He assumes that in a year the Internet store will be worth twice this amount.