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Russia: FAS extends review of MegaFon merger

 |  October 24, 2012

It may take two more months until a proposed MegaFon/Euroset merger has been completely reviewed, says the Federal Anti-Monopoly Service. Under terms of the deal, mobile operator MegaFon would acquire half of Euroset for up to $1.33 billion. FAS’s delay is not likely to obstruct MegaFon’s planned stock market listing.

Full Content: Reuters

Related Content: Russia: FAS and Megafon reach price inflation settlement

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