MegaFon to buy Mail.ru stake for $740m from Russian billionaire Usmanov

MegaFon to buy Mail.ru stake for $740m from Russian billionaire Usmanov

Visual sourced from Mail.ru website

Alisher Usmanov and his partners are set to pocket $740 million from moving a stake in internet company Mail.ru Group Ltd. to MegaFon PJSC, as the Russian billionaire consolidates his technology holdings into the wireless carrier.

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