Russia's Ozon intends to stay public as Nasdaq starts delisting process

Russian e-commerce firm Ozon intends to remain a public company, it said on Thursday, after being informed that the Nasdaq stock exchange planned to delist its securities. Nasdaq suspended trading in the securities of a number of companies operating in Russia on Feb. 28, 2022, days after Moscow despatched tens of thousands of troops to Ukraine. On Wednesday, the exchange notified a handful of Russian companies of delisting plans.

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