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Tiger Global Management Sold 27% of Mail.ru

Files under: News
Posted by: Yakov @ 12:22 [29. 12. 08]

The hedge fund, Tiger Global Management has sold 27 percent of the leading Russian online portal, Mail.ru to the company’s shareholders, Digital Sky Technologies and Naspers, reported business newspaper Vedomosti. The stake could have been sold for a total of approximately $400 million.
As a result, leading Russian internet investor, Digital Sky Technologies and South-African media [...]