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UPDATE 2-Russia's Megafon to buy majority stake in Mail.ru for $740 mln

December 24, 2016

MOSCOW, Dec 23- Russian mobile operator Megafon has agreed to pay $740 million to buy a controlling stake in internet group Mail.ru from billionaire Alisher Usmanov, who is an investor in both companies. Megafon is Russia's second biggest mobile company. Mail.ru, which owns the three largest Russian-language social networks and an online games business, also...

Source: http://www.cnbc.com/2016/12/23/reuters-america-update-2-russias-megafon-to-buy-majority-stake-in-mailru-for-740-mln.html
 
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