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Mail.ru bought VKontakte

Mail.ru Group bought the remaining 48.01% of VKontakte from ICP Scherbovich’s UCP fund for $ 1.47 billion, and is now 100% owner of this social network.

The deal took place today, it also clarified that the mutual claims (lawsuits) between Pavel Durov and the UCP will be withdrawn.

Taking into account the size of the first Mail.ru Group transaction on the acquisition of VKontakte, the cost of full consolidation of a stake in a popular social network was $ 2.07 billion.
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It remains only to congratulate Mail.ru Group with the acquisition.

Source: https://habr.com/ru/post/237007/


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