Mail.ru Merges with Astrum Online Entertainment

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
ACQUISITION 
FDN Database Reference:  F231109-256
 
Acquirer:  Mail.ru
ACQ Web:  http://www.mail.ru
Location:  Russia
Region:  Europe
Description:  Online portal
Category:  Media Owner
Contact:  Dmitri Grishin, President and CEO
 
Vendor:  Astrum Online
Vendor Web:  http://www.astrumonline.ru/
Location:  Russia
Region:  Europe
Description:  Online games
Category: Games
Contact 1:  Igor Matsanyuk, to become 1st Vice President of Mail.ru
Contact 2:  Vladimir Nikolskiy to become Vice President of Mail.ru
 
Details:  Digital Sky Technologies is merging two of its largest portfolio companies.The deal is structured as an acquisition by online portal Mail.ru of online games group Astrum Online Entertainment in a combination of cash and stock. The merged company, which have revenues of over $100 million per year and will be the second largest Internet company in Russia in terms of revenues after Yandex.  Naspers/ MIH Group owns 43% of Mail.ru and was recently granted anti-trust permission to buy between 38% and  Naspers/ MIH Group, although the South-African conglomerate owns 43% of Mail.ru and was recently granted anti-trust permission to buy between 38% 100% of Astrum Online from DST. See previous DigiNet story.
 
Links: 

3 Responses to “Mail.ru Merges with Astrum Online Entertainment”

  1. Digital Sky Technologies‘ $6 billion IPO « Fusion DigiNet Says:

    [...] Mail.ru Merges with Astrum Online Entertainment December 1, 2009 [...]

  2. Facebook’s Russian investor Mail.Ru Group plans an IPO on the London Stock Exchange this year « Fusion DigiNet Says:

    [...] Mail.ru Merges with Astrum Online Entertainment Posted on December 1, 2009 [...]


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 428 other followers

%d bloggers like this: