Deals
MegaFon Is in Talks With Mail.ru Holders About Buying Stake
- Phone carrier, web company would keep operating independently
- MegaFon says it isn’t certain that talks will lead to deal
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MegaFon PJSC, the Russian wireless carrier controlled by billionaire Alisher Usmanov, said it is in talks with Mail.ru Group Ltd. shareholders about buying a stake in the internet company.
In a statement Wednesday, MegaFon said it would be “natural partners” with Mail.ru as the telecommunications and internet-service markets converge.