Mail.ru sells another 27% stakes | Startup Meme - Technology Startup and Latest Tech News

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Dec 30 2008

Mail.ru sells another 27% stakes

Sardar Mohkim Khan 

image thumb473 Mail.ru sells another 27% stakes

Mail.ru Russia’s third largest website had 27% of its shares sold to the shareholders by Tiger Global Management. The sum for which the stakes have been sold may value up to $400 million. This comes months after DSK acquired an additional 15% stakes of the portal.

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