MegaFon to Acquire Majority Stake in Mail.Ru Group for $740m
Leading Russian Telecom group and device maker, MegaFon has announced it will acquire majority interest in Russia’s biggest internet group – Mail.Ru Group. The company has agreed to pay $740m (initial $640m on completion of the transaction plus an extra $100 million deferred for one year). MegaFon will acquire 11.5 million Class A shares and […]