Authorities have approved the buyout of Michael Calvey's Russian business Baring Vostok by Vostok Investments, a company created by Baring Vostok's Russian team. Permission for the Ozon deal was granted to the buyers with a special condition - to resell the asset to a non-sanctioned Russian structure. This structure may turn out to be a joint venture between VK and one or more other partners. VK's representative denies the holding's interest in the marketplace.