Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Mail.ru Group reduced its share in Facebook to 0.75%
28.10.2012 11:20
Mail.ru Group reduced its share in Facebook to 0.75%

In October Mail.ru Group has sold a part of its shares in the social net Facebook. According to the company’s financial report for the third quarter, its share has reduced from 1.34% to 0.75%.


      

The company has sold 16 million shares of Facebook, reports The Vedomosti. At that the sum of the income is not reported.


      

The stocks were sold not by one package but gradually. Mail.ru Group used the rise of Facebook shares after releasing the positive third quarter financial report. If Mail.ru Group had managed to sell the shares for the maximum price ($ 23.23 for a share fixed on October 24th), the company would have got about $ 372 million.


      

According to General Director of Mail.ru Group Dmitry Grishin, the company regards the Facebook shares only as a financial investment.


      

 


Author: Irina Fomina

Tags: Russian business IT    

Next Previous


You might also find interesting:

Russian Textile Week 2017
15.08.2016
Foreign Exporters Will Take Part In Mebel Exhibition
30.08.2016
Budget Revenues From Small And Medium Business Went Up
27.07.2016
National Oil and Gas Forum Was a Success
24.06.2016
Sberbank Launched a New Mortgage Campaign
05.08.2016



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Anton Chekhov  Ivolginsky Datsan  Alexander Pushkin  Multimedia Art Museum  Samovars  Udomlya  Urals Region  tax reform  Russian Cinema  Russian history  Russian Astronauts  Mercedes-Benz Fashion Week Russia  Peterhof  Amur Region  Megafon  Murmansk  adoption in Russia  Natalia Vodianova  Russian Souvenirs  Olympic Games 2012  Old Kazan  Embassy of France  Chechen republic  Paralympic  Yota  Cyprus  Juris Jurjans  Smolensk  North of Russia  Bike Rental Stations  Big Four  Painting  Aeroexpress  medicine  historical reconstruction  Moscow  Exhibitions in Moscow  Rebecca Horn  South Ossetia  Russian Literature  Calligraphy  Russian tourism  Russian Poetry  Russian business  Vladimir Vysotsky  Tula Monuments  Archeology  Fairs in Moscow  incident  Heroism  


Travel Blogs
Top Traveling Sites